Gold Prices Dropped As The U.S. Dollar Rose And Risk Appetite Revived

Gold trading range for the day is 30516-30996.

Gold prices dropped as the U.S. dollar rose and risk appetite revived in global financial markets.

However, downside seen limited amid heightened tensions between Russia and the West, even as concerns over trade friction between Beijing and Washington subsided.

SPDR Gold Trust said its holdings fell 0.14 percent to 846.12 tonnes on Tuesday from 847.30 tonnes on Monday.

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