COMEX Gold Edges towards $1230 Mark Yet Again
COMEX Gold edged up towards its three month high yet again in Asian
trades as sentiments continued to act in favor of the metal following
the recent spurt and a rise in speculative buying. COMEX Gold futures
witnessed a strong spurt as traders are expecting strong show from
Indian gold buyers in the second half of the year. The recent drop in
the US dollar followed by elevated crude oil prices could keep under
supported in near term.
trades as sentiments continued to act in favor of the metal following
the recent spurt and a rise in speculative buying. COMEX Gold futures
witnessed a strong spurt as traders are expecting strong show from
Indian gold buyers in the second half of the year. The recent drop in
the US dollar followed by elevated crude oil prices could keep under
supported in near term.
2:59 PM
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