EPIC RESEARCH MCX GOLD UPDATE OF 15 FEBRUARY 2018

Gold trading range for the day is 29807-31095. Gold prices climbed rebounding from early losses that followed stronger-than-expected U.S. inflation data, as the dollar surrendered gains and equities swung higher. The recovery in broader risk sentiment was seen weighing on the dollar, which had gained during the market turmoil earlier in the month. U.S. consumer prices rose more than expected in January as Americans paid more for gasoline, rental accommodation and healthcare.

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