EPIC RESEARCH MCX GOLD UPDATE OF 25 JANUARY 2017

Gold trading range for the day is 28641-28843. Gold slipped as investors took stock of U.S. President Donald Trump's first policy moves and a recovery in the dollar from recent lows. U.S. home resales fell more than expected in December as the supply of houses in the market dropped to levels last seen in 1999. Holdings of SPDR Gold Trust, fell 0.37 percent to 804.11 tonnes on Tuesday from 807.07 tonnes.

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