Britain has voted to exit the European Union and the decision is creating sensation in currency markets across world. Gold prices shoots up to sky level as the results of Britain's referendum on EU membership was out. After the results were out Gold prices zoomed to 26-month high of Rs 30,885 per ten gram on Friday. It got the biggest single-day gain of Rs 1,215 and it was all time highest since August 2013
Gold has witnessed highest closing level of Rs 30,730 in the bullion market on April 28, 2014. Meanwhile value of rupee starts depreciating. It hits a four-month low of 68.21 against the US dollar. Silver also registered a sharp rise of Rs 1,000 to Rs 42,300 per kg.The current trend indicating that here will more demand for the precious metals in coming days.
