EPIC RESEARCH MCX GOLD UPDATE OF 17 JULY 2017

Gold trading range for the day is 27645-28249.Gold prices jumped after data pointed to weak U.S. inflation, reaffirming doubts that the U.S. central bank would again hike interest rates this year. U.S. consumer prices were unchanged in June and retail sales fell for a second straight month.Bullion dealers in India offered a discount of up to $1.20 an ounce over official domestic prices, compared with a premium of $2.00 last week.



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