COMEX Gold slipped from seven week high as India's Covid-19 cases continued to spurt. A total of 314835 new Covid-19 cases were registered in the last 24 hours in India. Ten States including Maharashtra, Uttar Pradesh, Delhi, Karnataka,Kerala,Chhattisgarh, Madhya Pradesh, Bihar, Gujarat and Rajasthan reported 75.66% of the new cases. Maharashtra has reported the highest daily new cases at 67,468. It is followed by Uttar Pradesh with 33,106 while Delhi reported 24,638 new cases. COMEX Gold had edged up near $1800 per ounce earlier but some profit selling is being witnessed now. MCX Gold futures fell under Rs. 48000 per 10 grams mark and currently trade at Rs. 47736 per 10 grams, down 1% on the day. Powered by Commodity Insights
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