Mumbai, April 15 -- COMEX Gold futures slipped after hitting around one-month high as profit selling pulled the counter lower amid broad expectations of a longer-term ceasefire between the US and Iran. The metal currently trades down 0.32% at $4834 per ounce. International Monetary Fund or IMF stated that Gold reached record earlier this year as investors sought safe haven assets amid rising geopolitical uncertainty and persistent concerns about the dollar. However, the fund opined that gold and other precious metal prices have retreated from their preconflict peaks. Despite elevated geopolitical uncertainty, retail investor profit taking-amid upward revisions to interest rate expectations and a stronger dollar-has reversed the near-parabol...
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