Mumbai, Feb. 12 -- COMEX Gold futures are paring some of its sharp gains after having spiked to fresh highs near $2970 per ounce as an excellent rally continued for the metal amid worries over global trade warfare and sustained investment demand. The yellow metal currently trades at $2917 per ounce, down 0.51% on the day. Heightened tensions due to the trade war sparked by United States (US) President Donald Trump's new tariffs pushed the golden metal to new all-time highs before retreating. World Gold Council or WGC stated this week that Gold finished the last month on an all-time-high in all major currencies, with tariff fears, a weaker US dollar and bond yields all contributing. Chinese gold market activity appears to have stayed true to...
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