EPIC RESEARCH MCX GOLD UPDATE OF 27 NOVEMBER 2017

Gold trading range for the day is 29265-29585. Gold dropped as some investors locked in profits at the end of the week, and risk appetite strengthened. U.S. Federal Reserve's minutes, regarded as "dovish," supported gold and slightly lowered market expectations of a March rate hike. The Fed's cautious view of inflation could lead to a longer period of low interest rates, providing a solid platform for gold investment.



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