Gold trading range for the day is
29851-30079.Gold dropped as the U.S. dollar bounced back from Fridays sell off
The U.S. economy grew by 2.9 percent in the third quarter, outpacing consensus
forecast of 2.5 percent.Gold demand in India spiked as festive buying lifted
the premium over official domestic prices to its highest in 10 months.
Silver trading range for the day is
42245-42585.Silver prices eased as improved risk sentiment decreased the
appetite for safe haven assets.A preliminary reading of gross domestic product,
expanded at a 2.9% annual clip from July through September, aided by a surge in
exports.The U.S. central banks next meeting is in November, but a rate hike
ahead of the presidential election is seen as unlikely.
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