COMEX Gold futures steadied around two month highs near $1840 per ounce as a brief respite was seen in global equities after the latest bearish onslaught. The yellow metal stayed broadly supported though as sustained buying in crude oil prices and persistent inflationary worries capped downside for the commodity. The US dollar index is holding around 95.60 mark, not showing much of a movement. MCX Gold futures stabilized around Rs 48400 per 10 grams amid tight global cues. Local traders also tried to assess the physical market demand for the metal after the latest spike above Rs 48K.
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