Gold trading range for the day is 29485-30073. Gold dropped after the minutes of the Federal Reserve's latest policy meeting suggested a rate hike could come in June.
The U.S. economy could be strong enough to warrant an interest rate increase in June or July, New York Federal Reserve President William Dudley said.
SPDR gold trust holdings gained by 0.52% i.e. 4.45 tonnes to 860.34 tonnes from 855.89 tonnes.
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