Mumbai, Feb. 21 -- COMEX gold futures moved up impressively. The precious metals were boosted on safe haven demand amid signs of rising tensions between the US and Iran. The gains emerged despite firm cues from the US dollar as minutes from the January FOMC meeting revealed that policymakers were deeply divided over the necessity and timing of further rate cuts amid concerns about inflation. Gold broke above $5000 per ounce and hit one-week high of $5130 per ounce. Indian precious metals demand remains firm. India's Gold imports came in at Rs 109599 crore in value terms in January 2026, soaring around 372% compared to January 2025. Silver imports also spiked 139% on year to Rs 18194 crore in the month. Gold imports value in first ten-months...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.