Mumbai, March 22 -- COMEX Gold futures surged near US$3065 per ounce, hitting another record high as US rate cut expectations and safe-haven demand boosted sentiment. The US Fed held rates steady but reaffirmed its projection for two cuts this year, keeping pressure on the dollar. Middle East tensions escalated as Israel resumed targeted operations in Gaza and the US continued strikes on Houthi targets, with Trump warning Iran of consequences. Global trade worries also persisted, with new tariffs set to take effect in April after the US imposed a 25% duty on steel and aluminum in February. The metal eased from these highs but ended the week with a near 1% gain. COMEX Gold futures have stayed well supported after the recent break above $3000...
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