Gold Braces For Turbulence Ahead Of Central Bank, Geopolitical Triggers: Analysts

News Snapshot:

"Gold prices closed in negative for the first time in ten trading weeks, on profit-booking at recent tops, weakening physical demand in Asian centres like India & China, and further weighed by a stronger US dollar," Pranav Mer, Vice President, EBG -- Commodity & Currency Research, JM Financial Services Ltd, said. "The latest selloff in gold prices follows profit-taking by investors amid a record run in the bullion market. Additionally, signs of a thaw in US-China trade relations and a possible positive outcome in trade talks between New Delhi and Washington have also bolstered the risk-off sentiment, pushing gold prices...