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Indian gold extended gains for an eighth session running to hit a record high on Tuesday, aided by a weaker rupee and firm overseas markets. * The high prices kept away physical traders who are watchingIndian gold extended gains for an eighth session running to hit a record high on Tuesday, aided by a weaker rupee and firm overseas markets. * The high prices kept away physical traders who are watchingWhat...

India gold hits peak, deters physical traders

biscuits are displayed inside a jewellery showroom in Hyderabad April 11, 2012. REUTERS/Krishnendu Halder/FilesMUMBAI (Reuters) - Indian gold extended gains for an eighth session running to hit a record high on Tuesday, aided by a weaker rupee and firm overseas markets.* The high prices kept away physical traders who are watching the progress of the monsoon to gauge festival demand in the coming months.*...