Wednesday, 17 October 2018

Gold Trading Range For The Day Is 31651-32269

Gold trading range for the day is 31651-32269.

Gold dropped as firmness in Rupee weighed despite price seen supported as risk-averse investors sought refuge amid rising political tensions and economic uncertainty.

Prices recently seen supported amid rising tensions between Western powers and Saudi Arabia and concerns over the pace of global economic growth.

U.S. retail sales barely rose in September as a rebound in motor vehicle purchases was offset by the biggest drop in spending at restaurants and bars in nearly two years.

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