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Monday 5 March 2018

EPIC RESEARCH MCX GOLD UPDATE OF 05 MARCH 2018


Gold trading range for the day is 30131-30687. Gold gained as the threat of a global trade war pushed equities and the U.S. dollar lower and spurred demand. Supporting bullion prices was an increase in holdings of gold in exchange-traded funds tracked nearly 17 tonnes, or 1 percent, since mid-February. Physical gold demand in most Asian hubs gained ground in the week due to a fall in prices and as activity picked up following regional holidays.

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