Gold Steadied As Sluggish U.S. Economic Data Stoked Worries About A Global Slowdown

Gold trading range for the day is 33239-33699.

Gold steadied as sluggish U.S. economic data stoked worries about a global slowdown and investors awaited signals on U.S.-China trade talks.

New orders for key U.S.-made capital goods unexpectedly fell in December, revived some market expectations that the central bank would halt the 2019 rate hike cycle.

The United States and China have started to outline commitments in principle on the stickiest issues in their trade dispute.

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