![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjE_PEmrDAfXIU22nrpaihg9Lfgw2KsgRd0x1tfBDsBBzPC1541w0CqmswFQQ5A2NW9NjfueUrEf7rWekzUWb3qRDKKBjhEM-A49M7dGQr3DOH-6jEUWfbVRcpRc3udqCXazr67gqIdXaw/s320/MW-EZ870_gold_b_20161109130257_ZH.jpg)
Gold trading range for the day is 30409-30981.
* Gold ended with gains but dropped on weekly basis as the greenback continued to rally from the Federal Reserve’s interest rate hike and strong economic data.
* The Fed raised interest rates and said it planned four more increases by the end of 2019 and another in 2020.
* U.S. economic growth accelerated in the second quarter at its fastest pace in nearly four years.
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