COMEX Gold Wavers Just Under $1780 Per Ounce

Published on Sep 22, 2021 14:45

A bounce in risk appetite and the sustained buying support in the US dollar is keeping Gold under check today. The metal edged up from one month lows this week amid extreme volatility in global equities and a deep slide in Bitcoin values but the ability of the US dollar index to hold above 93 mark is capping upside for the metal. COMEX Gold futures are currently trading at $1776 per ounce, down marginally on the day right now. Local retail markets are looking up amid sustained fall in daily Covid-19 cases and improving consumer sentiments ahead of the festive season.