So, before we get into the assessment, I would just like to highlight what really happened. So, there was a premium arbitrage between COMEX and London, wherein market participants sold the COMEX futures and bought the London physical and to mature the COMEX future part, the London physical stocks were brought into the COMEX inventories.
Gold reclaims Rs 89,000-mark as tariff war worries boosts safe haven demand
Gold prices on Tuesday zoomed by Rs 1,100 to reclaim the Rs 89,000 mark in the national capital on increased buying by jewellers and stockists