Tuesday, 8 November 2016

EPIC RESEARCH MCX GOLD UPDATE OF 08 Nov 2016

Gold trading range for the day is 29693-30703. Gold prices fell as U.S. dollar and stocks rallied after FBI cleared Democratic presidential candidate Hillary Clinton of criminal charges. Bullion was also being pressured by increasing odds of an interest rate hike in December by the Federal Reserve. China's gold reserves rose to 59.24 million fine troy ounces at the end of October, up from 59.11 million a month earlier, the central bank said.
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