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Thursday 28 April 2016

EPIC RESEARCH MCX GOLD UPDATE OF 28 APRIL 2016

Gold trading range for the day is 29166-29544. 
Gold gains as weaker than expected U.S. data weighed on the dollar ahead of the Federal Reserve's monetary policy decision             
Data showed orders for long-lasting U.S. manufactured goods rebounded far less than expected in March.      
Global gold demand tumbled by 24 percent year on year to 781 tonnes in the first three months of the year, its weakest quarter in seven years.


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