Friday, 8 February 2019

Gold Fell Pressured By A Stronger Dollar, But Worries Over Slowing Global

Gold trading range for the day is 32913-33413.

Gold fell pressured by a stronger dollar, but worries over slowing global economic growth limited the downside.

BOE looks set to trim its forecasts for Britain’s already sluggish growth, reflecting the approach of a still uncertain Brexit in just 50 days’ time.

U.S. Fed said it would be patient on further rate hikes, while the European Central Bank sounded less certain that it would start tightening policy later this year.

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Silver Trading Range For The Day Is 46112-46984

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