Mumbai, Jan. 31 -- COMEX Gold catapulted to fresh record highs, breaking above $2800 per ounce as an impressive rally extended. The metal currently trades higher by 0.23% at $2851.80 per ounce and is set for a weekly gain of nearly 3%. MCX Gold has also zoomed up following this and broke above Rs 81000 per 10 grams mark for the near month February futures. The yellow metal gained on safe haven demand as economic data from the United States (US) indicated the economy is slowing down, warranting the Federal Reserve (Fed) to lower interest rates despite holding them steady at Wednesday's meeting. US Treasury yields edged lower amid disappointment following the last reading of 2024 of the fourth quarter Gross Domestic Product (GDP), which, alth...
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