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Tuesday, 7 February 2017

EPIC RESEARCH MCX GOLD UPDATE OF 7 FEBRUARY 2017

Gold trading range for the day is 28851-29391. Gold prices gained as worries about the political landscape in the United States and Europe and a subdued dollar reinforced investor interest. Fed’s Harker said he would be open to raising interest rates again at the U.S. central bank's March meeting if growth in jobs and wages continues. SPDR gold trust holdings gained by 0.51% i.e. 4.15 tonnes to 818.65 tonnes from 814.50 tonnes. 
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