Wednesday, 17 May 2017

EPIC RESEARCH MCX GOLD UPDATE OF 17 MAY 2017

Gold trading range for the day is 27968-28198.Gold gained as the U.S. dollar slid amid signs of slowing economic activity in the U.S. and following another controversy from President Donald Trump.The U.S. economy is forecast to expand at a 4.1-percent annualized pace in the second quarter following the release of April figures on housing starts and industrial output.Data showed that the number of housing starts and building permits issued in the U.S. unexpectedly declined in April.

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