Commodity

End Session Commentary

Weekly Gold Review: COMEX futures recover on geopolitical worries
(03-May-2025, 14:05 Hours IST)  

COMEX Gold futures saw a good recovery from two week low this week as global geopolitical uncertainty supported the metal after recent losses. Prices fell in last few days amid some stability to global trade worries and a visible pressure on retail gold demand amid elevated prices. The metal ended around $3250 per ounce. The US state department has approved the potential sale of F-16 training and sustainment as well as related equipment to Ukraine for $310m, the Pentagon has noted.

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