Thursday, 15 November 2018

Gold Rose Helped By A Slight Retreat In The Dollar Following A Rally

Gold trading range for the day is 30517-30999.

Gold rose helped by a slight retreat in the dollar following a rally and as some investors covered their short positions after the metal held the key $1,200 level.

The Fed indicated earlier this month that it is still on course to hike interest rates in December.

Market participants will also be keeping an eye on Fed Chairman Powell’s appearance in the Federal Reserve Bank of Dallas Global Perspective Speaker Series.

For more information +91-8871068600 or visit Dynamic Money Research

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