Gold searches for fresh catalyst; Oil prices consolidate

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It has been a lackluster trading week for Gold despite geopolitical tensions, Brexit developments and central bank policy meetings influencing global risk sentiment.

The precious metal continues to trade within a certain range, with $1500 acting as a pivotal psychological point. Given how optimism is mounting ahead of high-level US-China trade talks in October, the precious metal could continue drifting sideways until a fresh directional catalyst is brought into the picture.

Looking at the longer term, Gold should find ample support from global growth concerns and lower interest rates… Read More:

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