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Gold Sees Ttight Activity After Hitting Three Week Top

6 Oct 2022 , 05:06 PM

Gold saw a tight activity after hitting three week high. The metal tracked a modest uptick in the US dollar index which moved up above 111 mark. COMEX Gold futures are currently trading at $1723 per ounce, up 0.14% on the day. Overall risk sentiments remain mixed to weak. European shares mostly turned lower on lack of buying support. The US stocks saw choppy action as DOW faced some selling pressure after hitting two week high. Gold is eyeing an uptick in Indian retail demand ahead of the peak festive season. Powered by Commodity Insights

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