EPIC RESEARCH MCX GOLD UPDATE OF 27 APRIL 2018

Gold trading range for the day is 31287-31489. Gold prices slid pressured by gains in the U.S. dollar while all eyes on Q1 US GDP data before next week’s FOMC meeting. Today the dollar slipped along with the 10-year U.S. treasury yields that retreated to below the 3% mark. The ECB left its key interest rates, asset purchases and forward guidance unchanged on Thursday, amid softening growth momentum in the euro area.

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