Thursday 22 February 2018

EPIC RESEARCH MCX GOLD UPDATE OF 22 FEBRUARY 2018

Gold trading range for the day is 30315-30619.Gold remained under pressure as investors awaited Federal Reserve policy meeting minutes for clues on the outlook for U.S. interest rates.The minutes from the last U.S. Federal Reserve meeting showed policymakers confident in the need to keep raising interest rates.Fed's Harker sees two rate hikes as appropriate in 2018; US unemployment falling to 3.6% by mid-2019.

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