Mumbai, Feb. 9 -- Gold futures jumped above the $5,000 per ounce mark on Monday morning in Asia tracking weakness in dollar and rising demand from central banks. Renewed concerns over Fed's independence amid reports of possibility of a criminal investigation of Kevin Warsh, President Donald Trump's nominee for US Federal Reserve (Fed) chair, if Warsh ends up refusing to lower the interest rates, weighed on the DXY. Meanwhile, the People's Bank of China (PBOC) reportedly extended its gold buying reserve for a 15th consecutive month in January. The Chinese central bank's gold holdings rose to 74.19 million fine troy ounces by the end of January, up from 74.15 million the previous month. The yellow metal is currently quoting at $5039 per ounce...
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