Wednesday 21 June 2017

EPIC RESEARCH MCX GOLD UPDATE OF 21 JUNE 2017

Gold trading range for the day is 28425-28649.Gold traded in the range with Fed views on rate hikes for the rest of the year pointing to more, though the inflation outlook has not met expectations.Support can be seen as global political uncertainties, and risk aversion due to Brexit, concerns over Trump's ability to carry out financial reforms.British and EU Brexit negotiators agreed how to organize talks on Britain's divorce at a first meeting in Brussels where both sides stressed.

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