Mumbai, Dec. 29 -- COMEX gold edged down from lifetime highs on Monday morning in Asia amidst likely profit taking at higher levels. However, expectations for the US Federal Reserve (Fed) interest rate cuts in 2026 is likely to keep the yellow metal supported. The counter is currently quoting at $4539.30 an ounce, down 0.30% on the day. Despite the short-term pullback, Gold has surged nearly 70% in 2025, its best annual performance since 1979. On the MCX, gold futures are trading at near RS 140000 per 10 grams.
Published by HT Digital Content Services with permission from Capital Market....