Why is the price of gold in Chennai reaching a new all-time high? It has crossed 78 thousand due to the changes that have occurred in the last 10 days. What will the price of gold be like in the market now due to the GST reform?

Why is the price of gold in Chennai reaching a new all-time high? It has crossed 78 thousand due to the changes that have occurred in the last 10 days. What will the price of gold be like in the market now due to the GST reform?