Friday 26 April 2019

Gold Gained As Weak Economic Data Rekindled Global Growth Fears

Gold trading range for the day is 31559-32201.

Gold gained as weak economic data rekindled global growth fears.

Data showed German business morale deteriorated in April as trade tensions hurt the industrial engine of Europe's largest economy.

South Korean economy also unexpectedly contracted in the first quarter, fuelling concerns that the global economy is still not out of the woods.

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