 "gold")
GGold prices on Friday jumped 0.23 per cent in Mumbai to hit the highest point in about 15 months since demonetisation in November 2016.
The price of standard gold (995 purity) moved up by Rs 70 to open at Rs 30,645 per 10 gm in Zaveri Bazaar. In November 2016, bullion was traded at Rs 30,600 per 10 gm in official transactions. Unofficially, however, gold was traded even at Rs 45,000 per 10 gm.
The movement in gold prices in India is largely dominated by fluctuations in world markets. In the benchmark London spot market, gold was trading at $1,361
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