EPIC RESEARCH MCX GOLD UPDATE OF 24 OCTOBER 2017

Gold trading range for the day is 29297-29711. Gold prices pared losses offsetting pressure from a stronger dollar and an early advance in equities. Fed’s Chair Janet Yellen, said the Fed's tools must remain part of its arsenal as long as the economy remains stuck in a low interest-rate economy. Hedge funds and money managers reduced their net long position in COMEX gold contracts for the fifth straight week, in the week to Oct. 17, U.S. data showed.

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