Silver also zoomed Rs 1,491 to Rs 71,666 per kilogram.
“Spot gold prices in the Delhi markets traded at a record high of 58,680 rupees per 10 grams, up 770 rupees per 10 grams,” an analyst at HDFC Securities said.
In the overseas market, gold and silver were trading green at $1,956 per ounce and $24.15 per ounce, respectively.
Comex gold prices hit their highest levels in more than nine months in Asian trading hours on Thursday after investors gained access to dovish policy from the U.S. Federal Reserve, the analyst said.
On Wednesday, the Fed raised its rate by 0.25 basis points after a year of larger hikes. US Fed Governor Powell warned of further monetary policy tightening, but also noted progress in disinflation, which he said is still in its infancy.
Today traders will focus on the European Central Bank and Bank of England policy outcomes and future direction, the analyst added.
