EPIC RESEARCH MCX GOLD UPDATE OF 31 MAY 2017

Gold trading range for the day is 28539-29087.Gold prices eased after hitting a one month high as economic data from the US showed increased signs that the Fed can hike rate.Risk surrounding the closeness of Britain's upcoming elections, the prospect of early elections in Italy and worries over Greek debt were supporting gold.British Prime Minister Theresa May's lead over the opposition Labour Party dropped to 6 percentage points in a poll, with the election due next week.

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