Gold Prices Gained Fueled By A Drop In The U.S. Dollar

Gold trading range for the day is 28219-29197. Gold prices gained fueled by a drop in the U.S. dollar as traders eyed the presidential race in France and the U.K. prepared its exit from the European Union. 

Federal’s Mester said that she currently envisages more than three U.S. interest rate hikes for this year. 

SPDR gold trust holdings gained by 0.50% i.e. 4.15 tonnes to 834.40 tonnes from 830.25 tonnes.

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Gold trading range for the day is 28219-29197. *Gold prices gained fueled by a drop in the U.S. dollar as traders eyed the presidential race in France and the U.K. prepared its exit from the European Union. *Federal’s Mester said that she currently envisages more than three U.S. interest rate hikes for this year. *SPDR gold trust holdings gained by 0.50% i.e. 4.15 tonnes to 834.40 tonnes from 830.25 tonnes. - See more at: http://investmentguruindia.com/CommoditiesReports/Aluminium-trading-range-for-the-day-is-1236-1268---Kedia-Commodity-#sthash.w7KImYKS.dpuf