💨 Abstract

Gold prices fell to a more than two-week low on Tuesday as easing concerns of an escalation in the Middle East crisis triggered profit-taking after a recent rally. Gold, silver and palladium touched their lowest since April 5 earlier in the session, while platinum hit a 3-week low. The correction will help determine the real level of underlying demand besides momentum and managed money accounts.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖