Gold Prices Fell As The Dollar Seen Supported Amid Mostly Encouraging U.S. Economic Data

Gold trading range for the day is 30425-30763.

Gold prices fell as the dollar seen supported amid mostly encouraging U.S. economic data.

The Commerce Department reported that consumer spending rose 0.2% last month, lagging behind income growth, which rose 0.4% last month.

Gold discounts in India narrowed in the week on an improvement in demand for weddings and hopes that retail purchases will rise next month.

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