Gold trading range for the day is 31135-31679. Gold prices moved higher as a weaker dollar and U.S.-China trade concerns continued to support demand for the safe haven precious medal. The latest Federal Reserve meeting minutes hinted at a dovish approach to rate hikes later this year. The minutes indicated central bankers are happy to let inflation run above the 2% target for a “temporary period”, signaling no rush to tighten monetary policy.
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