Mumbai, Dec. 31 -- COMEX Gold futures saw selling pressure yesterday amid heavy volatility. The metal had tested near two-week low on Monday amid an across-the-board tumble in metals. However, weakness in the US dollar index and continued worries on the Russia-Ukraine front capped losses. Gold is likely also supported on firm demand trends from China. China's net gold imports via Hong Kong in November jumped around 100% from October, Hong Kong Census and Statistics Department data. The precious metal currently quotes at $4373 per ounce, down 0.30% on the day.

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