Gold trading range for the day is 31131-31515. Gold prices gained as the dollar retreated from an earlier three-month peak and U.S. equities weakened. However, upside seen limited from an improvement in the geopolitical environment, with the U.S. Treasury Secretary cautiously optimistic on his negotiations with China. US President Trump said US would likely reach a trade agreement with China and that officials from both sides would sit down for negotiations in a few days.
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