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Monday, 3 April 2017

EPIC RESEARCH MCX GOLD UPDATE OF 03 April 2017

Gold trading range for the day is 28499-28897. Gold prices gained as uncertainty over U.S. President Donald Trump's tax and investment plans and elections in Europe fuelled demand for bullion as a safe haven. Federal Reserve official's seemingly dovish remarks and uninspiring data on the U.S. economy tamped down the sanguine mood from earlier in the week. Comments by the president of the New York Federal Reserve meanwhile reinforced expectations of U.S. interest rate hikes this year.




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