EPIC RESEARCH MCX GOLD UPDATE OF 10 MAY 2018

Gold trading range for the day is 31070-31494. Gold prices trading in range as a robust dollar and rising bond yields overwhelmed any geopolitical worries after the United States withdrew from the Iranian nuclear accord. Dismayed European allies sought to salvage the international nuclear pact with Iran after U.S. President Donald Trump pulled the United States out of the landmark accord. Geopolitical tensions in the Korean peninsula continued to ease as U.S. Secretary of State Mike Pompeo arrived in Pyongyang.

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