Tuesday, 5 November 2019

Gold Prices Were Steady As The Dollar Eased On Soft Manufacturing Survey

Gold trading range for the day is 38259-38617.

Gold prices were steady as the dollar eased on soft manufacturing survey, while signs of a U.S.-China trade deal stoked risk appetite, capping gains.

US and China said they made progress in talks aimed at defusing a nearly 16-month-long trade war that has harmed the global economy.

Markets took further optimism from economic data last week that eased apprehensions of a slowdown fuelled by the long-drawn trade war.

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