01-01-1970 12:00 AM | Source: Kedia Advisory
Gold trading range for the day is 58005-58835 - Kedia Advisory
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Gold

Gold trading range for the day is 58005-58835.

Gold dropped as U.S. 10-year Treasury yield hits highest since October

Fed minutes showed policy makers were divided over the need for more interest rate increases

U.S. retail sales data came out strong, and traders are also watching the Atlanta Federal Reserve's GDP Now forecast model

Strong economic data weighed on precious metals, as industrial production expanded more than expected in July

 

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