EPIC RESEARCH MCX GOLD UPDATE OF 07 DECEMBER 2017

Gold trading range for the day is 28866-29096. Gold recovered on geopolitical worries after prices dropped amid firmer U.S. dollar ahead of a vote on the U.S. tax reform plan.U.S. Senate Republicans agreed to talks with the House of Representatives on sweeping tax legislation, amid early signs that lawmakers could agree on a final bill. India's gold imports in November nearly halved from a year ago as a rise in the price of the yellow metal curbed retail buying for weddings.

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