As global investor sentiment takes its toll on the dollar, gold demand has continued to surge as a safe haven asset, reaching an all-time high trading price of $3 592/oz in the week ended September 5.

Despite gold's role as safe-haven asset, current tax policy treats it as collectible with 40% higher rates, prompting calls for reform to benefit citizens.

Gold prices retreated from record highs by declining Rs 606 to Rs 1,07,122 per 10 grams in the domestic futures market on Monday, as investors booked profits in tandem with a weak trend in the interna ...