EPIC RESEARCH MCX GOLD UPDATE OF 02 NOVEMBER 2017

Gold trading range for the day is 28966-29470.Gold gains as caution ahead of confirmation of new Fed chair and a policy statement from the bank prompted some to close out bets on falling prices.The Federal Reserve kept interest rates unchanged and pointed to solid U.S. economic growth and a strengthening labour market.China’s Jan-Sept gold output down 9.98 percent y/y to 313.09 tons.


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