Gold Prices Rose As The Dollar Retreated After Data Showed - Dollar Advisory | Best Commodity Tips Provider

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Friday 1 September 2017

Gold Prices Rose As The Dollar Retreated After Data Showed

Gold trading range for the day is 29286-29996.

Gold prices rose as the dollar retreated after data showed subdued price pressures in the United States.

The dollar slipped on news that annual inflation rose at its slowest pace since late 2015, which diminished expectations of a Fed rate rise in December.

Data showed U.S. second-quarter growth was the highest in more than two years, while private-sector employment saw the biggest increase in five months in August.

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