Pandit Ji Live Updat’s On Gol; Gold Edges Lower As Equities, US Bonds Yields Gain:

Spot gold was down 0.2 percent at $1,319.86 per ounce as of 0426 GMT, after touching its highest since February 28 at $1,324.33 in the previous session.

Gold eased on March 26, after hitting one-month high in the previous session, as a slight recovery in share markets and US Treasury yields reduced some of the precious metal’s safe-haven appeal.

Spot gold was down 0.2 percent at $1,319.86 per ounce as of 0426 GMT, after touching its highest since February 28 at $1,324.33 in the previous session.

US gold futures were down 0.2 percent at $1,319.80 an ounce.

“Though concerns have gone up, we are not hundred percent sure there is going to be a recession as the yield curve inversion should be there for a whole quarter and not just for a day or two,” said John Sharma, economist at the National Australian Bank.

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