Gold trading range for the day is 29615-29831. Gold prices gained as fresh concerns over North Korea's nuclear ambitions stoked safe-haven demand for the precious metal and weighed on the dollar. The Federal Reserve must respond to "very tight" U.S. labour markets by gradually raising interest rates or risk halting the economic recovery, a hawkish Fed official said. China’s gold reserves were unchanged at 59.24 million ounces in September, compared with the previous month, the central bank said.
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