Friday, 5 April 2019

Gold Prices Gained As The U.S. Dollar Traded Close

Gold trading range for the day is 31447-32023.

Gold prices gained as the U.S. dollar traded close to a one-week low hit in the previous session, while investors awaited progress on the Sino-U.S. trade negotiations.

Negotiations between the United States and China made "good headway" last week in Beijing and the two sides aim to bridge differences during talks this week.

The dollar remained under pressure after data showed U.S. services sector activity hit a more than 19-month low in March and private payrolls grew less than expected.

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