Monday, 5 June 2017

EPIC RESEARCH MCX GOLD UPDATE OF 05 JUNE 2017

Gold trading range for the day is 28674-29344.Gold prices rose in response to disappointing U.S. non-farm payrolls data that lowered expectations for more aggressive U.S. interest rate increases.Prices also seen supported boosted by demand for safe-haven assets due to political tensions in the United States and Europe.Demand remained tepid in India, the world's second largest consumer, with dealers offering a discount of up to $1 an ounce to official domestic prices.



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