COMEX gold is hovering around lifetime highs above 3k mark attained last week supported by safe haven demand amid geopolitical and trade war tensions and as dollar continues to stay weak. The dollar index fell to fresh 5-month low under 103 mark in early Asia on Wednesday. Data from US showed industrial production increased by much more than expected in the month of January. The report said industrial production climbed by 0.7 percent in February after climbing by a downwardly revised 0.3 percent in January. Dollar is likely to stabilize ahead of the upcoming FOMC decision. The rally in the yellow metal has continued recently with the precious metal gaining over 15% in the year so far. The counter is currently quoting at $3042.40 an ounce.