August 27, 2013 / 6:43 AM / 4 years ago

India gold futures hit record high

MUMBAI, Aug 27 (Reuters) - Indian gold futures on Tuesday jumped more than 2 percent to hit a record high as a drop in the rupee to a record low made imports expensive.

The most-traded gold for October delivery on the Multi Commodity Exchange (MCX) hit its peak at 32,526 rupees ($500) per 10 grams, breaching its last record hit in November last year. ($1 = 64.4850 Indian rupees) (Reporting by Siddesh Mayenkar; Editing by Sunil Nair)

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