Thursday, 12 December 2019

Gold On MCX Settled Up 0.34% At 37699 With Market Activity Largely

Gold trading range for the day is 37434-37870.

Gold remained supported with market activity largely subdued ahead of the U.S. central bank's economic policy statement and a fast-approaching tariffs deadline.

After three consecutive interest rate cuts, the Federal Reserve announced its widely expected decision to leave rates unchanged.

U.S. consumers' inflation expectations rose slightly in November, bringing the outlook for near and medium-term inflation up from a five-year low.

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Silver Trading Range For The Day Is 46112-46984

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