Gold rate today: Yellow metal at Rs 25,540 up Rs 298 from its previous close

The October contract on the Multi Commodity Exchange of India was at Rs 25,540, up Rs 298 from its previous close.
In morning benchmark gold futures extended gains by more than 3 per cent and hit a new peak of Rs 26,198 per 10 grams, tailing a rally in the world market and on a weak rupee. It has risen over 11 percent in August.
Rupee fell sharply to its lowest in 10 weeks as a selloff in global equities ignited fears of foreign fund outflows.
International spot gold gained more...