Gold Fell As Uncertainties Around The U.S.-China Trade War Drove Some Investors

Gold trading range for the day is 36796-38292.

Gold fell as uncertainties around the U.S.-China trade war drove some investors to the safety of the dollar, pressuring assets priced in the U.S. currency.

The White House is not contemplating such a move at this time, after reports the U.S. administration was considering the measure.

Speculators raised their bullish positions in COMEX gold and reduced bullish bets on silver contracts in the week to Sept. 24, the U.S. CFTC said.

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