Gold trading range for the day is 29061-29315.Gold prices inched down amid expectations for more U.S. interest rate hikes this year.Atlanta Fed’s Bostic, who is a voting member of the central bank's policy board, said that two hikes might be needed in 2018, in light of weak price pressures.China gold reserves were at 59.240 million fine troy ounces at end-Dec, unchanged vs end-Nov, the central bank said.
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