Tuesday, 1 August 2017

EPIC RESEARCH MCX GOLD UPDATE OF 01 AUGUST 2017

Gold trading range for the day is 28671-28891.Gold prices pared gains as market players looked ahead to a busy week of economic data, including the monthly U.S. jobs report. Prices remained supported fading expectations for Fed to hike interest rates combined with deepening political turmoil in the White House sent the dollar to 13-month lows. Investors will be focusing on Friday’s US jobs report for fresh indications on the possible direction of Fed policy through the end of the year.

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