EPIC RESEARCH MCX GOLD UPDATE OF 26 OCTOBER 2017

Gold trading range for the day is 29225-29557. Gold prices seen some pressure amid Upbeat U.S. durable goods and home sales data also bolstered the case for interest rate rises.The market was pricing in one rate increase in December and one more next year, while the Fed itself envisaged three rate hikes in 2018. Data showed existing home sales increased 18.9% in September from the previous month to a seasonally adjusted annual rate of 667,000 units.

For MCX Tips NCDEX Tips ✆ – 0731-6642300 or whatsapp at 7049084664