COMEX GOLD EASES MARGINALLY

Published on Nov 09, 2021 16:38

COMEX Gold futures eased a little, coming off a two month high above $1830 per ounce as traders eyed a sharp spurt in values of Bitcoin. The leading global cryptocurrency has zoomed after breaking above the $60000 mark and spiked to a fresh high above $68000. This weighed on Gold even as overall demand outlook remained steady for the yellow metal following bright Indian consumption prospects. The COMEX Gold futures are currently trading at $1825 per ounce, down 0.11% on the day.