Gold trading range for the day is 28895-29987. Gold inched down as the ECB held interest rates steady at a highly-anticipated meeting, while hinting that rates could be cut again in the short-term future.
ECB chief Mario Draghi said the bank's policies are working to stimulate economic recovery.
Initial jobless claims in the U.S. fell by 6,000 for the week ending on April 16, dropping to a lower-than-expected 247,000
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