Gold Trading Range For The Day Is 31436-31892

Gold trading range for the day is 31436-31892.

Gold prices rose as U.S. President Donald Trump's threat to hike tariffs on Chinese imports re-kindled trade tensions between the two countries.

China backtracked on substantial commitments it made during trade talks with the United States.

However, a Sino-U.S. trade deal is still not off the table with Beijing confirming that it will still send a delegation to go to the United States for a trade talk.

Holdings of SPDR Gold Trust, continued a dismal run, falling 0.16 percent to 739.64 tonnes on Monday, its lowest since Oct.

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