Friday, 22 May 2015

Daily Updates On Gold and Silver

Gold settled down -0.65% at 27108 as investors continuing to mull over the Federal Reserve's minutes for its April meeting, amid a slew of disappointing economic data from the U.S. and Europe. Gold prices were under pressure after failing to get any lift from yesterday's dovish Fed minutes.

Gold trading range for the day is 26943-27401.

Silver settled down -0.32% at 39166 amid downbeat economic data in the US, Europe and China, as metal traders digested Wednesday's release of the Fed's April meeting, which provided further indications of a delayed interest rate hike.

Silver trading range for the day is 38671-39703.

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