Friday, 14 July 2017

EPIC RESEARCH MCX GOLD UPDATE OF 14 JULY 2017

Gold trading range for the day is 27724-28014. Gold on settled flat for a second session amid little response to ongoing testimony from Federal Reserve Chair Janet Yellen. Geopolitical concerns out of the Korean peninsula are likely to supportive for the broader precious complex. US Treasury yields rose after falling for three straight days, tracking gains in German bond yields with solid economic data supporting their trend higher.

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