Wednesday, 25 September 2019

Gold Prices Gained On Safe-Haven Appeal After Equities Reeled Under Pressure

Gold trading range for the day is 37603-38443.

Gold prices gained on safe-haven appeal after equities reeled under pressure on weak economic data and geopolitical worries

U.S. Treasury Secretary Steven Mnuchin told that discussions with China were scheduled in two weeks, propping up the dollar.

Meanwhile, tensions in the Middle East have escalated since an attack on Saudi Arabia's oil facilities earlier this month, with Britain, Germany and France backing the US.

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