Gold trading range for the day is 29478-30378.
Gold dropped as the strengthening dollar and a sharper appetite for assets seen as higher risk sparked selling across commodities.
New York Federal Reserve President William Dudley said two U.S. rate hikes this year were still a "reasonable expectation."
Hedge funds and money managers raised their net long positions in COMEX gold contracts in the week to May 3, U.S. CFTC data showed.
For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co
Gold dropped as the strengthening dollar and a sharper appetite for assets seen as higher risk sparked selling across commodities.
New York Federal Reserve President William Dudley said two U.S. rate hikes this year were still a "reasonable expectation."
Hedge funds and money managers raised their net long positions in COMEX gold contracts in the week to May 3, U.S. CFTC data showed.
For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co
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