EPIC RESEARCH MCX GOLD UPDATE OF 30 AUGUST 2017

Gold trading range for the day is 29329-30103.Gold prices rose as mounting geopolitical tensions over a new North Korean missile launch stoked demand for safe-haven assets. The metal was also drawing support from uncertainty surrounding President Trump’s administration in the U.S. after his remarks raised fears of a government shutdown. South Korea and Japan said the missile North Korea launched landed in Pacific waters east of Hokkaido after flying over the northern Japanese island.

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