Monday, 16 January 2017

Gold Costs Settled Level As Solid US Retail Deals Drove The Dollar

Gold trading range for the day is 28153-28553. Gold costs settled level as solid US retail deals drove the dollar and US security yields higher, with the metal on track for a third straight week by week pick up. Gold imports in December fell 71 percent from a year back to 31 tons as a money crunch pressed request. In China, the world's top gold customer, gold was sold at a premium of around $17 to the worldwide benchmark, practically unaltered from a week ago.

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