Precious Metals Preview: Gold down more than one percent in Asia

COMEX Gold futures eased last week as markets remained transfixed on the geopolitical scenario and worries over seasonally weak demand in Indian physical markets weighed on sentiments. COMEX Gold spiked around two-week high above $4200 per ounce but failed to sustain. Gold fell yet again today to start the week on a dismal note as firm US dollar hurt sentiments. The metal is down more than one percent at $4067 per ounce.

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