Thursday, 18 May 2017

EPIC RESEARCH MCX GOLD UPDATE OF 18 MAY 2017

Gold trading range for the day is 27976-28966.Gold soared near to 2% gains to a two-week high as investors poured back into the safe-haven trade, after US political turmoil.Downward movement in yields & dollar have given support to gold as political turmoil in US reduced expectations of rate hike The dollar fell to its lowest since Trump was elected in November and is likely to drop further.

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