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Monday 24 October 2016

EPIC RESEARCH MCX GOLD UPDATE OF 24 OCTOBER 2016

Gold trading range for the day is 29745-30075.
Gold prices settled flat as a strong dollar limited gains, but prices notched its first weekly rise in four as seasonal demand from Asia kicked in.
Demand from Asia, including China, India and exchange-traded funds (ETF), has helped prop up prices.
Dealers in India were charging a premium of up to $2 an ounce over official domestic prices in the week.
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