Monday, 11 March 2019

Gold Gained As The Dollar Eased Slightly And Worries About A Sharp Global Economic

Gold trading range for the day is 31824-32398.

Gold gained as the dollar eased slightly and worries about a sharp global economic slowdown after the ECB slashed growth outlook were aggravated by weak Chinese data.

Weak export data from China heightened market fears about a global economic slowdown, a day after the ECB slashed euro zone growth forecasts.

Investors also kept a close eye on trade talks between the United States and China. U.S. President Donald Trump said the talks were moving along well.

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