Gold Trading Range For The Day Is 28572-28894

Gold trading range for the day is 28572-28894. Gold fell as investor appetite for riskier assets surged on renewed optimism over the U.S. economy and as political uncertainty in France receded, softening demand. The European Central Bank is set to keep its ultra-easy policy stance firmly in place on Thursday but may acknowledge better growth prospects. Fears that tax cuts would punch another hole in deficit-reduction efforts may weaken the dollar.

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