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Gold gained as the U.S. dollar tumbled amid uncertainty around the economic policies

Gold gained as the U.S. dollar tumbled amid uncertainty around the economic policies

Gold trading range for the day is 28563-28977. Gold gained as the U.S. dollar tumbled amid uncertainty around the economic policies of new U.S. President Donald Trump. President Trump struck a protectionist tone, disappointing investors who hoped to hear further details on his promises of tax cuts and other stimulus. SPDR gold trust holdings dropped by 0.26% i.e. 2.08 tonnes to 807.07 tonnes from 809.15 tonnes.

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