COMEX Gold is holding above $2000 per ounce as sustained selling pressure in equities is keeping the metal in good demand. The counter currently trades up 0.80% at $2012 per ounce. The US stocks fell in volatile trades yesterday as soaring oil prices hurt the sentiments and general unease due to Russias invasion of Ukraine stayed in place. Bitcoin has slipped under $40000 mark and is failing to see sustained buying as the war rages on.
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