COMEX gold is surging to hit fresh highs in early Asia on Monday tracking further decline in dollar overseas amid continued uncertainty surrounding Trump policies and its impact on the US economy. Meanwhile, President Donald Trump criticized Powell for being too slow to cut interest rates, adding that his removal 'can't come quickly enough.' Dollar index that measures the greenback against a basket of currencies hit a new three-year low and is down more than 1% at 98.09. Meanwhile, the yellow metal is up more than 2% and quoting currently at $3395.40 per ounce. On the economic front, the US Department of Labor reported Thursday that initial jobless claims fell to 215,000 for the week ending April 12, below expectations and down from the previous week's revised figure of 224,000 (originally 223,000).

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