Gold prices gained as strong Chinese economic data dented the dollar - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 55430-56220
Gold prices gained as strong Chinese economic data dented thedollar and drove some bets for better physical demand fromChina.
U.S. manufacturing sector contracts in February – ISM
Consumer demand for gold in China has been recovering sincethe lunar new year holiday
U.S. employment and consumer prices reports in the next twoweeks would help investors to gauge the path of interest rates.
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