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* Gold trading range for the day is 34169-34611.
* Gold prices gains as prospects for easier monetary policy from the Federal Reserve and other central banks boosted inflows into the precious metal.
* Gold has been gaining since the Fed indicated at its meeting last week that it could cut interest rates, possibly as soon as next month.
* Hedge funds and money managers boosted their bullish stance in COMEX gold in the week to June 18, the U.S. CFTC said.
* Physical gold discounts in India widened to their biggest in five months this week as an upsurge in local prices dampened purchases, while China and Singapore saw demand rise.
* BUY GOLD AUG 2019 @ 34000 SL 33850 TGT 34320-34560.MCX
* Silver trading range for the day is 37800-38328.
* Silver ended with gains as a weaker dollar and heightened tensions between the United States and Iran underpinned the precious metal.
* While U.S. President Donald Trump said he was not seeking war with Tehran, U.S. Secretary of State Mike Pompeo said "significant" sanctions on Tehran.
* US home sales jumped 2.5% in May, as lower mortgage rates appeared to help buyers overcome affordability challenges.
* The focus now shifts to whether Washington and Beijing can resolve their trade dispute at a summit in Japan of leaders from the Group of 20 leading world economies.
* BUY SILVER JUL 2019 @ 37700 SL 37550 TGT 37980-38450.MCX
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