![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjE_PEmrDAfXIU22nrpaihg9Lfgw2KsgRd0x1tfBDsBBzPC1541w0CqmswFQQ5A2NW9NjfueUrEf7rWekzUWb3qRDKKBjhEM-A49M7dGQr3DOH-6jEUWfbVRcpRc3udqCXazr67gqIdXaw/s320/MW-EZ870_gold_b_20161109130257_ZH.jpg)
Gold trading range for the day is 30680-31540.
* Gold prices fell on a firmer dollar as the U.S. Federal Reserve indicated they will continue to raise interest rates, lowering demand for bullion.
* The Fed has hiked rates three times this year and is widely expected to do so again in December because of a robust U.S. economy, rising inflation and solid jobs growth.
* Weaker gold prices boosted investment demand during the third quarter, but gains were capped by a sell-off in gold-backed exchange-traded funds (ETFs).
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