EPIC RESEARCH MCX GOLD UPDATE OF 06 NOVEMBER 2017

Gold trading range for the day is 28935-29357. Gold fell as consensus-beating U.S. economic data pushed the dollar higher, outweighing the impact of a lackluster jobs report. The dollar gained on a strong reading of U.S. factory orders and the services sector, reversing earlier losses after an underwhelming October jobs report.Demand for physical gold was lacklustre in top consumers India and China, while the lure of the metal remained stable in Singapore.

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