Tuesday, 17 September 2019

Gold Rose After An Attack On Key Oil Facilities In Saudi Arabia Inflamed

Gold trading range for the day is 37615-38497.

Gold rose after an attack on key oil facilities in Saudi Arabia inflamed worries over the stability of the Middle East.

U.S. President Donald Trump said the United States was "locked and loaded" for a potential response to the attack

Hedge funds and money managers reduced their bullish positions in COMEX gold in the week to Sept. 10, the U.S. CFTC said.

Investors are looking forward to the outcome of the U.S. Federal Reserve and Bank of Japan's policy meetings on Wednesday, for signals on their future policy path.

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Silver Trading Range For The Day Is 46112-46984

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