Gold set to glitter again as dollar fightback to fade, fed rate cuts incoming: UBS U.S. oil futures slip despite API reporting large drop in weekly crude stocks Citi says short-term oil weakness ...

Gold prices soared 30% this year, reaching an all-time high of $3,500.05/ounce. But recent dip in prices may signal a temporary loss of momentum.

On the global front, gold futures rose to hit a fresh peak of USD 3,371.89 per ounce in New York. Later, it pulled back from the record level to trade at USD 3,340.61 per ounce. "Gold prices surged ...