Gold price is stuck in a range

New York (Nov 26)  It's been a volatile and range-bound week for gold. The yellow metal fell sharply on the first trading day of the week to make a low of $1,274.6 per ounce. However, it recovered most of the loss thereafter and close at $1,288 per ounce, down 0.31 per cent for the week. A weak US dollar helped gold prices to reverse higher. The same action might prevail during the new week.

BusinessLine