Bulls dominate Gold, COMEX futures linger at $1820 per ounce

Published on Dec 05, 2022 12:12

Gold prices started the week on a solid footing tracking persistent weakness in the dollar overseas. The yellow metal stayed at its highest level in nearly four months as dovish Federal Reserve expectations continue to remain a weight on the US Dollar. The dollar index that measures the greenback against a basket of currencies was seen lingering near 104 mark. Meanwhile, COMEX gold futures are currently quoting up 0.60% at $1820.40 an ounce.