Gold prices gained in early session on March 3 amid rising geopolitical tensions in the West Asian region.
Gold Prices Gain Early On Safe-Haven Demand, Retreats Amid Firm Dollar
Gold prices surged in early trade due to safe haven demand amid escalated geopolitical tensions in the West Asian region. However, later the bullion pared gains to trade in red. Here's what happened
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On the COMEX, the April gold futures surged as much as 1.55 per cent to hit an intraday high at $5,394.20 per ounce. However, later, the futures contract pared all the gains to trade in red, down by nearly 1 per cent to trade at $5,257 per ounce.
This is a developing story...
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