Tuesday, 27 June 2017

EPIC RESEARCH MCX GOLD UPDATE OF 27 JUNE 2017

Gold trading range for the day is 28285-28639.Gold settled down amid a stronger dollar and rise in shares, ahead of a flurry of U.S. data due this week. Traders will also keep an eye out on a final reading of U.S. first-quarter economic growth due on Thursday for further evidence on the health of economy. Demand in India improved slightly, with dealers charging a premium of up to $1 an ounce over official domestic prices this week, against a discount of $3 in previous week.

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