Gold trading range for the day is 28744-29346. Gold prices recovered from lows as the Federal Reserve remained cautious on U.S. interest rate increases.
The metal has been hemmed into a narrow range by uncertainty over the path the U.S. central bank will take to raising rates.
SPDR gold trust holdings dropped by 0.22% i.e. 1.79 tonnes to 817.81 tonnes from 819.60 tonnes.
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