Posted by aditi on 11:19:00 with No comments
Gold trading range for the day is 29456-29732. Gold prices gained as the dollar fell to a one-week low after the new U.S. Treasury chief poured cold water on the "Trumpflation trade" Treasury Secretary Steven Mnuchin said that any steps U.S. President Donald Trump's administration takes on policy would probably have only limited impact this year .Gold demand in Asia remained sluggish this week as a price rally on political concerns and dollar weakness kept buyers on the sidelines.
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