Gold Hovers Around One Month Low

4 Jul 2022 , 05:35 PM

COMEX Gold futures held near one month low as supportive equities capped the downside for the metal. COMEX Gold futures are currently trading at $1807 per ounce, up 0.33% on the day. MCX Gold futures are trading at Rs 52050 per 10 grams. Asian stocks traded mixed on Monday ahead of Australia and Malaysia central bank decisions this week. European shares mostly moved up on the first session of the week. The US market is closed for a holiday Monday. Wall Street ended sharply higher in light trading on Friday as investors embarked on the second half of the year. The higher close on Wall Street came as traders went bargain hunting following the significant decrease seen early in the session. Powered by Commodity Insights