April gold futures slipped below the Rs 1,40,000 mark on Monday on the MCX. The metal has sharply corrected from its all-time peak of Rs 1,93,096, falling by Rs 56,800 or about 29%.
Meanwhile, COMEX gold is hovering around the $4,420.10 per ounce mark. With the war now in its fourth week, spot gold is down 15%, while it has fallen 22% from its January record high, according to a Reuters report.
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