Tuesday, 9 April 2019

Gold Prices Rose As The Dollar Edged Lower, While Investors Awaited

Gold trading range for the day is 31737-32511.

Gold prices rose as the dollar edged lower, while investors awaited minutes of the U.S. Federal Reserve’s March meeting later this week.

Though employment growth accelerated from a 17-month low in March, data showed slowdown in wage growth and job cuts in the manufacturing sector.

The markets are now awaiting the minutes of the FOMC’s March policy meeting, due on Wednesday, for cues on Fed’s future monetary policy stance.

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