EPIC RESEARCH MCX GOLD UPDATE OF 09 Nov 2016

Gold trading range for the day is 29356-30630. Gold prices dropped as investors remained cautious ahead of the outcome of the U.S. presidential elections. Markets also remained cautious of the implications of U.S. election outcome on an anticipated interest rate hike by the Federal Reserve next month. Falling consumer demand and a halving of central bank purchases resulted in a 10 percent drop in gold buying in the third quarter, data from WGC showed.
For more information and accurate MCX Tips, NCDEX Tips ✆ – 0731-6642300
Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+