Gold trading range for the day is 29843-30275.
Gold dropped as the dollar strengthened, while traders awaited a U.S. Federal Reserve policy meeting for cues on interest rate hikes this year.
Indian gold demand wanes as jewellers expect import tax cut in budget
Investors, however, will be focusing on the central bank's assessment of the economy and inflation for hints on the monetary policy outlook.
Gold dropped as the dollar strengthened, while traders awaited a U.S. Federal Reserve policy meeting for cues on interest rate hikes this year.
Indian gold demand wanes as jewellers expect import tax cut in budget
Investors, however, will be focusing on the central bank's assessment of the economy and inflation for hints on the monetary policy outlook.
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