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Monday 19 February 2018

EPIC RESEARCH MCX GOLD UPDATE OF 19 FEBRUARY 2018

Gold trading range for the day is 30579-30957. Gold gained as weakness in Rupee supported prices despite of pressure seen in international prices as the U.S. dollar index bounced from a three-year low. Dollar limped up off three-year low but still was headed for its biggest weekly loss in nine months as negative sentiment offset any support from rising Treasury yields. SPDR Gold Trust, said its holdings rose 0.39 percent to 824.54 tonnes on Friday from 821.30 tonnes on Thursday.
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