Gold hits fresh all-time high of `39,670

New Delhi: Rising for the fifth consecutive day, gold prices on Monday again surpassed its previous high by surging Rs 675 to Rs 39,670 per 10 gram in the national capital, according to the All India Sarafa Association, mainly due to a weaker rupee and strong global trend. Gold prices have been hitting a fresh high everyday since August 20. Silver also soared Rs 1,450 to Rs 46,550 per kg on fresh offtake by industrial units and coin makers. According to analysts, apart from persistent buying from jewellers, a weaker rupee and positive trend overseas were among the factors that aided the rally in gold prices.