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Precious Metals Preview: COMEX Gold Hovers Around $1850 Mark

Precious Metals Preview: COMEX Gold Hovers Around $1850 Mark

May 24, 2022 8:56 IST | capital market
COMEX Gold futures moved up further on sustained losses in the US dollar index and worries over Russia-Ukraine war. COMEX Gold is also up 0.50% at $1852 per ounce. Risk appetite has picked up impressively in last couple of sessions and is keeping the dollar under wraps. COMEX Gold has hit one week high following the recent surge now. The MCX Gold futures moved up on these cues and closed at Rs 50930 per 10 grams, up 0.20% on the day. Asian stocks have slipped today, providing good support to Gold.Powered by Commodity Insights

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