Mumbai, Feb. 5 -- Precious metals are once again taking a beating after a brief rebound following the historic slump witnessed last week. Geo-political tensions eased slightly after the US and Iran scheduled a fresh round of talks for Friday, dragging safe haven metals lower. COMEX gold is down nearly 2% at $4893.90 an ounce whereas silver futures slumped around 10% under $80 an ounce mark. Besides, Trump's pick of hawkish Fed chair is also seen capping gains in the yellow metal.
Published by HT Digital Content Services with permission from Capital Market....