COMEX Gold futures recovered on good bargain buying after posting its biggest weekly loss in about eleven months last week. COMEX Gold futures saw decent support near $1800 per ounce. Gold continued to be under stress due to continued firmness in the US dollar index as it hovered just under a 20-year high. However, worries over the Russia-Ukraine war and US economic scenario are likely to cap the downside for the metal. The counter currently trades up 0.48% at $1822 per ounce.Powered by Commodity Insights
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