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Thursday 8 March 2018

EPIC RESEARCH MCX GOLD UPDATE OF 08 MARCH 2018

Gold trading range for the day is 30250-30762. Gold prices slipped as upbeat data on U.S. private-sector jobs helped the U.S. dollar reverse losses fueled by news that Gary Cohn, will leave his post. The White House said that President Donald Trump may exempt Canada, Mexico from tariffs, easing days of investor fears over the prospect of a global trade war. US Treasury Secretary Steven Mnuchin said that the tariffs on steel and aluminum imports will be imposed, with some exceptions.

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