Friday, 24 November 2017

EPIC RESEARCH MCX GOLD UPDATE OF 24 NOVEMBER 2017

Gold trading range for the day is 29338-29584. Gold prices held steady in holiday-thinned trade on Thursday, after the minutes of the Federal Reserve's most recent policy meeting pushed the dollar, lending support.Dollar weakened after the minutes of the Fed's latest meeting showed that some policymakers remain concerned over persistently low inflation.Some members expressed concern over the inflation outlook and emphasized they would be looking at upcoming economic data before deciding the timing of future rate rises.

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