EPIC RESEARCH MCX GOLD UPDATE OF 04 Nov 2016

Gold trading range for the day is 30004-30890. Gold dropped but prices recovered from lows in response to a lower dollar and also uncertainty about the outcome of a tight U.S. presidential race. The Fed kept rates unchanged, but said the economy had gained steam and job gains remained solid. SPDR gold trust holdings gained by 0.47% i.e. 4.43 tonnes to 949.69 tonnes from 945.26 tonnes.
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