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Precious Metals

Gold to trade in 30712-31098 range – Achiievers Equities

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Gold dropped as the dollar gained on stronger-than-expected U.S. manufacturing data and investors awaited jobs data later this week.

Also weighing on gold were reports that Deutsche Bank was negotiating a reduced settlement with the U.S. Department of Justice. India’s gold imports fell for a ninth straight month in September as weak retail demand and higher discounts prompted banks and refineries to cut overseas purchases of the bullion.

Paul

The author Paul