Tuesday, 20 June 2017

EPIC RESEARCH MCX GOLD UPDATE OF 20 JUNE 2017

Gold trading range for the day is 28449-28697. Gold dropped as the dollar rose after hawkish comments from a top Fed official New York Federal Reserve President William Dudley reinforced expectations that the U.S. central bank will continue on its path of tightening monetary policy. U.S. homebuilding fell for a third straight month in May to the lowest level in eight months as construction activity declined broadly.



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