Gold Continues To See Steady Buying

Published on May 06, 2021 12:42

COMEX Gold futures witnessed good buying around $1770 per ounce in last session and saw sustained gains today. Soaring commodity prices globally and a continued lax monetary out is supporting the COMEX Gold futures in the last few days. However, Indian demand scenario remains stressful and there is no end in sight as far as the daily addition in COVID-19 cases is concerned. COMEX Gold futures are currently trading up 0.26% at $1788 per ounce.