Gold trading range for the day is 30813-31473. Gold dropped as the dollar strengthened and markets looked ahead to a speech by Federal Reserve Chair Janet Yellen. Data showed new U.S. single-family home sales unexpectedly rose in July, reaching their highest level in nearly nine years as demand increased broadly. Fed Chair Yellen may provide fresh clues on the timing of the next U.S. rate hike at a speech during an annual meeting of central bankers in Jackson Hole on Friday.
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