Commodity Gold Silver Global Updates for Today

Gold Trading range for the day is 26752-27188.Gold prices ended with small losses as pressure continues amid expectations that the U.S. Federal Reserve will opt for more interest rate hikes in 2017.U.S. data published on Friday helped strengthen the case for the Fed to raise rates.The dollar remained less than 1 percent below the 14-year high hit after the Fed raised U.S. interest rates last week for the first time in a year.

Silver trading range for the day is 38539-39613.Silver prices eased as the dollar advanced in choppy trade and on expectations that the U.S. Federal Reserve will further raise interest rates.Gross domestic product increased at a 3.5 percent annual rate instead of the previously reported 3.2 percent pace, the Commerce Department said.Holdings at is hares silver trust gained by 0.28% i.e. 29.49 tonnes to 10581.73 tonnes from 10552.24 tonnes.