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Thursday 12 April 2018

EPIC RESEARCH MCX GOLD UPDATE OF 12 APRIL 2018

Gold trading range for the day is 30652-31914. Gold rose as concerns over escalating tensions in Syria, U.S. sanctions on Russia and the U.S.-China trade stand-off weighed on stock markets and the dollar index. The metal's price jumped markedly after President Trump warned Russia to "get ready" for a missile strike in Syria. Fed’s Charles Evans, said that he is optimistic inflation will reach the Fed's 2 percent goal and that slow, gradual rate increases will be appropriate.

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