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Monday, 13 February 2017

EPIC RESEARCH MCX GOLD UPDATE OF 13 FEBRUARY 2017


Gold trading range for the day is 28822-29380. Gold prices recovered from lows to end with gains as the U.S. dollar and Treasury yields came off their highs. U.S. economic data has also stoked talk that the Federal Reserve would press ahead with U.S. interest rate hikes sooner rather than later. SPDR gold trust holdings gained by 0.50% i.e. 4.14 tonnes to 836.72 tonnes from 832.58 tonnes.



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