Gold trading range for the day is 31332-31722.
Gold slipped as economic data from China tempered concerns about global growth, boosting risk appetite.
Fed's Rosengren adds that the economy is doing well, but inflation remains short of the 2% goal
Better economic conditions motivate investors to pivot towards equities that are interest-bearing assets and shun the non-yielding bullion.
Gold slipped as economic data from China tempered concerns about global growth, boosting risk appetite.
Fed's Rosengren adds that the economy is doing well, but inflation remains short of the 2% goal
Better economic conditions motivate investors to pivot towards equities that are interest-bearing assets and shun the non-yielding bullion.
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