Thursday, 3 January 2019

Gold Prices Rose On Demand For Safer Investments Amid

Gold trading range for the day is 31226-31896.

Gold prices rose on demand for safer investments amid falling equity markets and concerns over the outlook for global economic growth.

Markets were looking for views from Federal Reserve Chairman Jerome Powell on the U.S. economic outlook and hints about rate hikes in 2019.

Also looming are a closely-watched survey on U.S. manufacturing due on Thursday, followed by the December payrolls report on Friday.

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