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Thursday 23 February 2017

EPIC RESEARCH MCX GOLD UPDATE OF 23 FEBRUARY 2017

Gold trading range for the day is 29071-29413. Gold slipped as the dollar firmed, with investors looking to minutes from the U.S. Fed’s latest meeting for clues on the timing of interest rate hikes. Minutes from the last U.S. Federal Reserve meeting showed uncertainty among policymakers about the new Trump administration's economic program. Fed Harker suggested he would support an interest rate increase at the U.S. central bank's mid-March policy meeting as long as inflation.

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