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Precious Metals Preview: Gold Sees Broadly Choppy Movement
(25-Apr-2024, 08:20 Hours IST)  
COMEX Gold futures eased a bit as broad movement remained choppy after prices tested a two week low earlier this week. Traders are eying the renewed wave of optimism in global risk appetite as the Israel- Iran conflict appears to be contained somewhat. Gold is still up more than 4% in April 2024 after coming off nearly 100 dollars from its recent all-time high. The latest wave of profit-booking has pulled down the retail spot Gold considerably and could keep physical buying supported ahead of Akshaya Tritiya on May 10.

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