Gold Tepid Following Trump-Kim Aggrement

COMEX Gold slipped today as global equities stayed supported following the historical joint agreement signed by the US president and North Korean leader in Singapore. President Trump and Chairman Kim Jong Un conducted a comprehensive, in-depth, and sincere exchange of opinions on the issues related to the establishment of new US-DPRK relations and the building of a lasting and robust peace regime on the Korean Peninsula. President Trump committed to provide security guarantees to the DPRK, and Chairman Kim Jong Un reaffirmed his firm and unwavering commitment to complete denuclearization of the Korean Peninsula. COMEX Gold futures are currently trading at $ 1301 per ounce, down 0.12% on the day. MCX Gold futures are also down 0.28% at Rs 31130 per 10 grams.