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COMEX Gold futures rebounded today after falling more than 4% in last session. The metal currently trades up 0.90% at $4382 per ounce. It tested near two-week low yesterday amid an across-the-board tumble in metals. The US dollar index is hovering flat around 97.70 mark while there are continued worries on the Russia-Ukraine front, keeping Gold afloat. There are talks of potential peace agreement but the Russia-Ukraine war continues and the conflict is now stretching to nearly four-full years. Gold is likely also supported on firm demand trends from China. China's net gold imports via Hong Kong in November jumped around 100% from October, Hong Kong Census and Statistics Department data. This spike, despite sharp surge in prices, underscores robustness in demand. On MCX, Gold futures are trading at Rs 136235 per 10 grams, up around 1% on the day.

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