Mumbai, Feb. 1 -- COMEX gold continues to hover around fresh lifetime highs as investors turn risk averse amid lack of clarity on Trumps tariff plans. The dollar index staying steady above 108 mark is however limiting upside in the counter. Meanwhile, December's Core Personal Consumption Expenditures (PCE) Price Index, the Fed's preferred inflation gauge, increased in December as expected, surpassing November's number. However, on a yearly basis, Core PCE remained unchanged from the previous figures. On the MCX, Gold prices have already crossed Rs.82,000 per 10 grams as market whispers grow louder about an impending duty increase. Just last year, in the July 2024 budget, the government slashed import duty from 15% to 6%, leading to a sharp ...
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