Gold stays at nine month high

Published on Jan 25, 2023 14:55

Gold stayed buoyed at nine month high on Wednesday as the dollar index continued to be under pressure, lingering below 102 mark. Besides, uncertainty surrounding global economic outlook is also keeping sentiments cautious, increasing appeal for the safe haven commodity. Investors now await US Gross Domestic Product (GDP) data for fresh impetus. COMEX gold futures are currently quoting at $1936.10 an ounce, up marginally on the day.