Gold Prices Pared Gains As The U.S. Dollar Strengthened

Gold trading range for the day is 30038-30626.

Gold prices pared gains as the U.S. dollar strengthened when President Donald Trump talked up a stronger greenback.

The dollar reversed earlier losses and U.S. stocks relinquished gains after Trump told in an interview in Davos, Switzerland that he wants to see a strong dollar.

Holdings of gold in ETFs and bets by funds on higher gold prices on the Comex exchange have surged in recent weeks.

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