Gold to trade in 28579-29035 range: Achiievers Equities

Achiievers Equities' report on Gold

Gold trading range for the day is 28579-29035.

Gold dropped as the dollar strengthened and expectations for a U.S. interest rate hike this month weighed, though moves were muted ahead of key U.S. data.

Markets dramatically adjusted expectations for U.S. interest rate hikes this year following hawkish comments from several top Fed officials last week.

China's gold reserves rose to $74.376 billion at the end of February, from $71. at end-January, data showed.

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