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Dhanteras, Diwali demand pushes gold price premiums to highest in more than a decade
Gold prices in India have surged to a record high of Rs 1,31,699 per 10 gm, leading to premiums rising to over Rs 782 per 10 gm, the highest in over a decade. Despite weak jewelry demand, investor interest is growing ahead of Dhanteras and Diwali, prompting increased gold smuggling due to supply shortages.