Comex Gold hits 9-week low; Silver up
The most active June gold contract on the Comex division of the New York Mercantile Exchange was last traded down $6.90 at $1,281.60 an ounce. May Comex silver last traded slightly up $0.034 at $19.38 an ounce.
Who will drive Gold this week?
United States and Chinese economic data will drive gold this week while traders also keep one eye on the situation in Ukraine.
India Govt raises import tariff value of Gold, Silver
India had raised the import duty on gold and silver in stages to 10% while it announces the import tariff value on gold and silver from time to time based on global price movements and to prevent under invoicing.