Gold trading range for the day is 29480-29752. Gold prices well supported as the geopolitical situation in North Korea is likely to deteriorate further before a solution is found.However, the U.S. central bank could give indications on when it plans to begin unwinding its balance sheet, as well as on any future interest rate decisions. The U.S. Commerce Department reported that the number of housing starts unexpectedly fell in August, while building permits unexpectedly jumped.
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