Gold Fell As Upbeat Sentiment On Equities And Positive U.S. Growth Data - Dollar Advisory | Best Commodity Tips Provider

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Friday 1 December 2017

Gold Fell As Upbeat Sentiment On Equities And Positive U.S. Growth Data

Gold trading range for the day is 28941-29497.

Gold fell as upbeat sentiment on equities and positive U.S. growth data dented the appeal of the safe-haven asset.

prices fell sharply as upbeat inflation data lifted treasury yields higher sparking a recovery in the dollar, while signs of progress on tax reform weighed on sentiment.

The Senate parliamentarian ruled that a fiscal "trigger," important to winning deficit-wary Sen. Bob Corker's support for the GOP plan, will not work under Senate rules.

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