Gold Gains As Caution Ahead Of Confirmation Of New Fed Chair - Dollar Advisory | Best Commodity Tips Provider

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Thursday 2 November 2017

Gold Gains As Caution Ahead Of Confirmation Of New Fed Chair

Gold trading range for the day is 28966-29470.

Gold gains as caution ahead of confirmation of new Fed chair and a policy statement from the bank prompted some to close out bets on falling prices.

The Federal Reserve kept interest rates unchanged and pointed to solid U.S. economic growth and a strengthening labour market.

China’s Jan-Sept gold output down 9.98 percent y/y to 313.09 tonnes.

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