EPIC RESEARCH MCX GOLD UPDATE OF 06 JULY 2017

Gold trading range for the day is 27915-28287.Gold should recover today as yesterday Fed minutes showed a growing split among policymakers on the inflation outlook and the dollar pared gains.
North Korea said it had conducted a test of a newly developed intercontinental ballistic missile that can carry a large and heavy nuclear warhead.WGC expects India’s demand for gold to be 650–750 tons in 2017 and rise to 850–950 tons by 2020.

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