Gold Prices Slipped Lower As The U.S. Dollar Regained

Gold trading range for the day is 28650-28900. Gold prices slipped lower as the U.S. dollar regained some strength ahead of a highly-anticipated vote on U.S. President Donald Trump’s healthcare bill.

Gold prices have been supported by expectations that the Fed will raise interest rates more slowly than some had feared.

Bullard said that just one more rate hike this year would be appropriate following a rise earlier this month.

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