Thursday, 6 June 2019

Gold Prices Edged Up As Global Slowdown Worries Driven By Trade

Gold trading range for the day is 32443-33075.

Gold prices edged up as global slowdown worries driven by trade conflicts amid expectations of a U.S. interest rate cut stoked investors towards the safe-haven bullion.

The prolonged trade war between the world's biggest economies has rolled over financial markets denting risk sentiment among investors.

U.S. manufacturing growth slowed further in May to its weakest pace of activity in more than two-and-a-half years, a data showed.

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