Gold Prices Inched Lower Following A Steep Fall In The Previous Session

Gold trading range for the day is 33876-34482.

Gold prices inched lower following a steep fall in the previous session, as investors waited on any Sino-U.S. trade developments later this week.

Washington and Beijing were laying out an agreement that would help avert the next round of tariffs on an additional $300 billion of Chinese imports.

Hedge funds and money managers boosted their bullish stance in COMEX gold in the week to June 18, the U.S. Commodity Futures Trading Commission said.

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