Bullions also benefits as wall street

Bullion also benefits as Wall Street, commodities and crude oil broadly soared while the dollar fell. The 25-day correlation-log between gold and the S&P 500 rose above a positive 0.5, its tightest link in six months.

India gold futures, which gained more than a percent on Monday, are likely to retrace from their highs this week weighed by a stronger dollar overseas, analysts said.

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