New Delhi, March 9 -- Precious metals traded with minor losses in Monday's session, 9 March, as a stronger dollar capped gains, even as tensions in the Middle East remained high.
The April futures contract on COMEX gold dropped $80 to the day's low of $5,012 per troy ounce, erasing all of the previous session's gains. The contract had finished last week 1.70% lower, snapping its four-week winning run.
The May silver contract on COMEX also fell, dropping $4.67 per troy ounce to reach the day's low of $79.64 earlier in the session. The white metal has lost nearly 10% of its value, ending a two-week winning streak.
The US Dollar Index regained strength today, climbing to 99.42 as the conflict with Iran showed no signs of easing and energy...
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