New Delhi, Feb. 3 -- Precious metals-gold and silver-have returned to their bull run in Tuesday's session after remaining under pressure for two straight sessions, which marked the worst period for both metals in over a decade.
After Friday's plunge, its worst day in 46 years, and another 1.9% retreat on Monday that left gold down 13% over two sessions, the April futures contracts on Comex rebounded 7%, or $325, to the day's high of $4,975 per troy ounce, and are also on track for their biggest daily gain since November 2008.
Silver prices, too, have gathered pace following a two-day sell-off, with March silver contracts on Comex gaining nearly 15% to the day's high of $88.4 per troy ounce. With today's gain, prices have recovered nearl...
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