Thursday, 26 February 2015

Get Gold and Silver Daily Updates By Marketmagnify

Gold prices seen supported as Federal Reserve Chair Janet Yellen said the central bank would not hike rates for the next few meetings. Gains in gold are likely to be limited, however, by expectations that rates remain on track to rise.

Gold trading range for the day is 25934-26414.

Silver gains after data showed that U.S. new home sales fell less than expected in January, easing concerns over the health of the housing sector.

Silver trading range for the day is 35866-37124.

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