EPIC RESEARCH MCX GOLD UPDATE OF 3 JANUARY 2017

Gold trading range for the day is 27325-27723. Gold prices ended with gains in thin holiday mood trade despite pressure from a strong dollar. Gold snapped a three year losing streak after strong gains on economic uncertainty earlier in the year. SPDR Gold Trust said its holdings fell 0.14 percent to 822.17 tonnes on Friday from 823.36 tonnes on Thursday.

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