Gold stayed largely supported amid a heavy slide in the US dollar index but overall movement was sideways. COMEX Gold futures fell under $1790 per ounce after breaking under $1800 per ounce mark but heavy losses in the US equities curbed the downside. The dollar index fell near a two-week low of 95 mark. This propped Gold above $1800 per ounce in Asia and the metal currently trades at $1806 per ounce, up 0.14% on the day. MCX Gold futures ended at Rs 47919 per 10 grams, down 0.34% on the day. The US nonfarm payrolls are due today and the Gold prices should continue to see a volatile action.
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