Mumbai, April 4 -- COMEX gold edged lower from a two-week high as oil prices surged after Donald Trump speech and dollar regained momentum. The dollar index rebounded after Trump reiterated that Iran's military capabilities were significantly weakened, signaling an end to the conflict. Gold witnessed a wild run in March, witnessing highly volatile movement but generally trending lower despite escalating Middle East tensions. The metal lost around 12% in March 2026 after testing a three and half month low of $4100 per ounce. While the counter edged up thereafter and moved near $4800 per ounce, sentiments remain highly volatile amid escalating Middle East tensions, with the conflict entering its fifth week and no clear resolution in sight. In...