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Thursday, 15 March 2018

EPIC RESEARCH MCX GOLD UPDATE OF 15 MARCH 2018

Gold trading range fo the day is 30246-30626. Gold settle flat on an expectation of higher interest rates, but downside seen limited by safe-haven buying after the sudden dismissal of U.S. Secretary of State Rex Tillerson. U.S. retail sales fell for a third straight month in February, prompting to downgrade their first-quarter economic growth forecasts. Markets were jittery after U.S. President Donald Trump fired Secretary of State Tillerson, considered more moderate in his administration.

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