Gold Prices Fell As Strong U.S. Economic Data Underpinned The Dollar

Gold trading range for the day is 31228-31834.

Gold prices fell as strong U.S. economic data underpinned the dollar, boosting its safe-haven status over gold amid political and trade tensions.

U.S. consumer sentiment jumped to a 15-year high in early May amid growing confidence over the economy's outlook, data showed.

Hedge funds and money managers also raised their net long positions in COMEX gold in the week to May 14, the U.S. Commodity Futures Trading Commission said.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com