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Monday, 18 September 2017

EPIC RESEARCH MCX GOLD UPDATE OF 18 SEPTEMBER 2017


Gold trading range for the day is 29692-30122. Gold dropped after a European Central Bank (ECB) official called for scaling back the bank's stimulus program. However, losses were capped when weaker-than-expected U.S. economic data raised questions about further interest rate hikes. ECB board member Lautenschlaeger made the most explicit call so far from an ECB policymaker for paring the bank's 2.3 trillion euros money-printing program.




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