Friday, 22 February 2019

Gold Dropped As The Dollar Inched Up After Minutes From The Last U.S.

Gold trading range for the day is 33173-33937.

Gold dropped as the dollar inched up after minutes from the last U.S. Federal Reserve meeting rekindled expectations of another rate hike this year.

Investors were also keeping a close eye on talks to end a trade dispute between China and the United States.

The Fed, said the U.S. economy and its labour market remained strong, prompting some expectations of at least one more interest rate hike this year.

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