Thursday 25 October 2018

Gold Fell As A Rising Dollar Spurred Investors To Take Profits

Gold trading range for the day is 31665-32153.

Gold fell as a rising dollar spurred investors to take profits after tumbling stocks pushed the metal higher in the previous session.

Fed should continue raising interest rates at least two but probably three more times before assessing whether further rate hikes to restrain growth are warranted.

The European Commission rejected Italy’s draft 2019 budget on Tuesday, saying it brazenly broke EU rules on public spending.

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