Friday 26 October 2018

Gold Prices Fell On A Strong Dollar And A Rebound Of Stocks

Gold trading range for the day is 31666-32212.

Gold prices fell on a strong dollar and a rebound of stocks following a multi-day sell-off globally, taking steam out of bullion's momentum.

U.S. business spending on equipment appeared to have remained slow in September and the goods trade deficit widened further

Concerns ranging from U.S.-China trade disputes to Italy's budget woes and Brexit uncertainty have accelerated the flight to safety.

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