Gold Prices Dipped As The Dollar Strengthened And Some Investors Locked

Gold trading range for the day is 34755-35283.

Gold prices dipped as the dollar strengthened and some investors locked in profits ahead of the U.S. Federal Reserve meeting next week.

The U.S. central bank is widely expected to lower interest rate at its meeting ending July 31, but expectations for a larger 50-basis point cut have waxed

Markets are also expecting the European Central Bank to signal easier monetary policy when it meets on Thursday.

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