COMEX Gold futures saw a heavy tumble today as the de-escalation in tensions between the US and China continued to pull the metal lower. COMEX Gold has been falling this week and a moderation in the US dollar index has not helped it much. The metal broke under $3200 per ounce yesterday and added to losses today as well. It currently trades at $3255 per ounce, down 1% on the day and testing one-month low.

Powered by Commodity Insights