EPIC RESEARCH MCX GOLD UPDATE OF 11 SEPTEMBER 2017

Gold trading range for the day is 30053-30581. Gold ended the week with gains as the U.S. dollar dropped and weak economic data lowered expectations of a December interest rate rise in the United States. European Central Bank President Mario Draghi suggested that the ECB might begin tapering its massive stimulus program this fall.Demand for gold as a safe haven investment was strong as South Korea braced for a possible further missile test by North Korea when it marks its founding anniversary.

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