Precious Metals Preview: Gold slides to one week low in Asia

Gold continued to witness selling pressure and slipped below $4,200 per ounce today as a stronger US dollar and easing geopolitical tensions reduced demand for safe-haven assets. The dollar index hit one year high near 101 mark and pulled Gold to one week low. The yellow metal is currently trading at $4185 per ounce, down 1.4% on the day. Market is keeping a close eye on oil prices and developments on geopolitical front.

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