Precious Metals Preview: COMEX Gold Hits Two Week High

25 May 2022 , 09:06 AM

COMEX Gold futures is holding up well on sustained worries over Russia-Ukraine war. COMEX Gold is trading at $1860 per ounce. COMEX Gold has hit two week high following the recent surge now. Markets are also worried about the rising cases of Monkeypox virus.The World Health Organization (WHO) has warned that there will be more cases of monkeypox as it expands surveillance in countries where the disease is not typically found. It added that it will provide further guidance and recommendations in the coming days for countries on how to mitigate the spread of monkeypox. The situation is evolving and WHO expects there will be more cases of monkeypox identified as surveillance expands in non-endemic countries, the global health body said. The MCX Gold futures have moved up above Rs 51000 per 10 grams following gains in the COMEX Gold futures.Powered by Commodity Insights