Mumbai, Feb. 13 -- Gold reversed course after four consecutive sessions of losses, edging up nearly $4 to $2037.70 an ounce in Asia electronic trades on Tuesday. However, lingering near its lowest levels in over two weeks, the precious metal faced pressure as investor's awaited crucial US inflation data that could sway interest rate decisions. Simultaneously, geopolitical tensions in the Middle East, particularly talks in Beirut signaling progress in easing Israel-Hamas tensions, kept investors vigilant. MCX April delivery bullion futures at Rs 62200 per 10 grams, up 0.20% on the day.
Published by HT Digital Content Services with permission from Capital Market....