New Delhi, Feb. 10 -- Safe-haven assets turned volatile in Tuesday's session, following a two-day recovery rally, as investors appeared to be holding back on fresh bets ahead of the release of key US economic data that could shape the outlook for US Federal Reserve monetary policy.
After a nearly $100-per-troy-ounce jump in the previous session, the April futures contract on Comex fell $68 per ounce on 10 February to the day's low near the $5,011 mark, though it remained above the $5,000 level for the second straight session.
Investors are awaiting US economic data for clues on the Fed's policy direction, with the January jobs report due on Wednesday and expected to show signs of labour market stabilisation, while inflation data is sche...
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