Wednesday 19 July 2017

EPIC RESEARCH MCX GOLD UPDATE OF 19 JULY 2017

Gold trading range for the day is 28061-28381. Gold prices climbed as the dollar dived after the Republican health-care bill aimed at replacing Obamacare failed to get enough backing to proceed to a debate. Prices remained supported on bets that lackluster U.S. data will keep the Federal Reserve cautious about the future pace of policy tightening. Holdings at the SPDR Gold Trust fell 0.68 percent to 821.45 tonnes on Tuesday from 827.07 tonnes on Monday.

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