Mumbai, April 10 -- COMEX Gold futures marked a stunning surge in last session and added to these gains today as well. The metal currently trades at $3124 per ounce, up 1.42% on the day. Gold soared around 3% in last session amid a massive bounce for the US equities after Donald Trump announced a 90-day pause on new "reciprocal tariffs" on most countries to allow for negotiations. However, Trump noted that pause will not apply to China. The US President raised the tariff on the country to 125 percent. The higher tariffs on China come after the country retaliated to a previous increase by announcing it will raise its tariffs on U.S. goods to 84 percent from 34 percent notified earlier. DOW jumped around 8% following this and bounced back abo...
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