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Precious Metals Preview: COMEX gold set for weekly gain of over 7%
23-Jan-2026 09:10

COMEX gold and silver futures continue to ascend to record high levels on Friday morning in Asia, taking cues from a weaker dollar and persistent geopolitical uncertainties. Trump reportedly said he would step back from imposing tariffs on goods from European nations opposing his effort to take possession of Greenland. He further stated that the US and the North Atlantic Treaty Organization (NATO) had formed the framework of a future deal with respect to Greenland. Meanwhile, the yellow metal is currently quoting at $4953 per ounce, up 0.82% on the day and on track for a weekly gain of more than 7%.On the MCX, gold futures stay upbeat above Rs 158490 per 10 grams.

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