Mumbai, May 12 -- COMEX gold futures slipped to a one-week low on Monday morning in Asia, pressured by a strong dollar overseas. The dollar index is holding well above 100 mark that is seen taking the yellow metal tumbling below $3300 mark. Moreover, optimism in US-China trade talks in Geneva, Switzerland, over the weekend has dragged the precious metal lower. US and China reported "substantial progress" after two days of talks in Switzerland aimed at de-escalating a trade war. The counter is currently seen trading at $3287.90 an ounce, down 1.68%.
Published by HT Digital Content Services with permission from Capital Market....