<p>The October contract was trading 3.16 percent higher at 26,041 rupees. It has risen over 11 percent in August.</p>.<p> Rupee fell sharply on Tuesday to its lowest in 10 weeks as a selloff in global equities ignited fears of foreign fund outflows. </p>.<p> International spot gold gained more than 2 percent on Tuesday, roaring to all-time highs for a second consecutive session to stand above $1,750 as equity markets dived on growing fears of a global recession following last week's U.S. credit downgrade. </p>
<p>The October contract was trading 3.16 percent higher at 26,041 rupees. It has risen over 11 percent in August.</p>.<p> Rupee fell sharply on Tuesday to its lowest in 10 weeks as a selloff in global equities ignited fears of foreign fund outflows. </p>.<p> International spot gold gained more than 2 percent on Tuesday, roaring to all-time highs for a second consecutive session to stand above $1,750 as equity markets dived on growing fears of a global recession following last week's U.S. credit downgrade. </p>