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Commodity News Details
COMEX Gold up 3.66% in Aug-25
29-Aug-2025 14:15
COMEX Gold futures stayed well supported today as the metal approached near record high amid weak US dollar and tepid undertone in treasury yields. The metal has been holding up this week ahead of the release of Personal Consumption Expenditures data today - the Fed's preferred inflation gauge. Meanwhile, the overall tariff worries are keeping safe-haven demand steady. In the US debt market, the yield on the benchmark ten-year note dipped near three-week low of 4.20% while the US dollar index is lingering around one-week low of 97.80. COMEX Gold futures are down marginally by 0.11% right now, quoting at $3470 per ounce. The metal is on track to end August with its best monthly performance in four months. It is up around 3.60% for this month. On MCX, Gold futures are trading at Rs 102680 per 10 grams, up 0.57% on the day.

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