Gold held on near one week high attained in the previous session as dollar gave up recent gains accrued on the back of China woes. In addition to safe haven demand, hawkish comments from Fed officials James Bullard and John Williams also supported greenback, thereby adding pressure on the yellow metal that fell sharply lower on Monday to around $1,740 per ounce. However, pull back in dollar in early trades on Tuesday supported gold prices. COMEX gold is seen quoting higher by 1.34% at $1763.60 an ounce. Powered by Commodity Insights
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