Gold Prices Recovered From Lows As A Weakening U.S. Dollar

Gold trading range for the day is 29335-29805.

Gold prices recovered from lows as a weakening U.S. dollar and sluggish stock market helped pull the precious metal off lows.

Four of the world’s top central bankers promised to keep openly guiding investors about future policy moves as they slowly withdraw the huge monetary stimulus.

U.S. inflation expectations edged up again in October, touching their highest level in six months, according to a Federal Reserve Bank of New York survey.

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