Gold prices were trading lower in morning trade on Thursday following strengthening US dollar.
MCX Gold futures were down 0.12 per cent, or Rs 36, at Rs 30,440 at around 10.20 am (IST).
Minutes from the last US Federal Reserve meeting showed policymakers backed further interest rate hikes which also weighed on the yellow metal.
According to SMC Investments and Advisors, stronger greenback is likely to keep prices under pressure and US jobless claim data will give further direction to the prices. Read More
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