Gold Prices Rose In Response To Disappointing U.S. Non Farm Payrolls Data - Dollar Advisory | Best Commodity Tips Provider

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Monday 5 June 2017

Gold Prices Rose In Response To Disappointing U.S. Non Farm Payrolls Data

Gold trading range for the day is 28674-29344.

Gold prices rose in response to disappointing U.S. non-farm payrolls data that lowered expectations for more aggressive U.S. interest rate increases.

Prices also seen supported boosted by demand for safe-haven assets due to political tensions in the United States and Europe.

Demand remained tepid in India, the world's second largest consumer, with dealers offering a discount of up to $1 an ounce to official domestic prices.


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