Mumbai, May 17 -- COMEX Gold futures dropped sharply in the week gone by and tested a five-week low near $3120 per ounce. Demand for safe-haven assets fell due to easing global trade tensions. The metal has heavily corrected from its record highs of around $3500 per ounce. A modest bounce emerged from these levels and the counter ended just above $3200 per ounce. Indian demand trends could come into picture in near term for the Gold prices following sharp spike in retail prices. India's Gold imports came in at Rs 26499 crore in value terms in April 2025, rising around 7.60% compared to April 2024. Silver imports also spiked around 39% on year to Rs 1368 crore in the month. On a monthly basis, Gold imports slipped around 31.70% while Silver ...