Sharp fall in dollar index and continuing geo-political tensions support gold

Gold remained broadly range-bound between $1,280 and $1,295 per ounce almost all through last week. The break below $1,280 on Friday was short-lived and bullion prices reversed sharply higher from there to close the week at $1,291 per ounce.Silver, on the other hand, fell to a low of $16.74 per ounce and bounced from there to close at $17.06 per ounce on Friday, up 0.6 per cent for the week.On the...