Gold is holding around $2050 per ounce today as a modest pullback in risk sentiment today is capping the upmove in the commodity after it soared to a record high of $2080 per ounce in last session. However, broad uncertainty owing to the Russia-Ukraine war will likely keep mood supportive for the shiny commodity. In another critical update for Gold, the World Health Organisation on Tuesday said that it strongly supported urgent and broad access to booster doses of COVID-19 vaccines. The commodity currently trades up 0.63% at $2056 per ounce. MCX Gold raced above Rs 55000 per 10 grams and currently trades at Rs 54490 per 10 grams, up 0.49% on the day.
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