Gold Gained As The Dollar Fell To Near Six Week Lows

Gold trading range for the day is 28746-28998. Gold gained as the dollar fell to near six-week lows and bond yields sank on uncertainty over the economic policies of U.S. President Donald Trump. 

The lack of a concrete policy from the Trump administration is worrying investors and more people will opt for gold as a safe-haven investment.

Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, rose 0.5 percent to 834.40 tonnes after three sessions of outflows. 

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Gold trading range for the day is 28746-28998. *Gold gained as the dollar fell to near six-week lows and bond yields sank on uncertainty over the economic policies of U.S. President Donald Trump. *The lack of a concrete policy from the Trump administration is worrying investors and more people will opt for gold as a safe-haven investment. *Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, rose 0.5 percent to 834.40 tonnes after three sessions of outflows. - See more at: http://investmentguruindia.com/CommoditiesReports/Crudeoil-trading-range-for-the-day-is-3077-3217---Kedia-Commodity#sthash.zAiQXobJ.dpuf