Gold trading range for the day is 29141-29419. Gold held steady with tensions surrounding upcoming French elections on Sunday underpinning the safe-haven demand. Fed’s Kaplan said that two more interest rate hikes this year remains possible but that the U.S. central bank has the flexibility to wait and see how the economy unfolds. New applications for U.S. jobless benefits rose slightly more than expected last week, but a drop in the number of Americans on unemployment rolls to a 17-year low.
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