Monday, 27 May 2019

Gold Eased As Stock Markets Regained Momentum, With A Weaker Dollar

Gold trading range for the day is 31367-31761.

Gold eased as stock markets regained momentum, with a weaker dollar and renewed hopes of a rate cut by the U.S. Federal Reserve limited the downside.

Four Fed officials said recent ratcheting up of U.S.-China trade tensions is creating uncertainties for businesses and could threaten economic growth.

British PM May said she would quit, triggering a contest that will bring a new leader to power who is likely to push for a more decisive Brexit divorce deal.

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Silver Trading Range For The Day Is 46112-46984

Silver trading range for the day is 46112-46984. Silver prices ended with losses as stocks traded higher ahead of the U.S.-China phase o...