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Tuesday 12 June 2018

EPIC RESEARCH MCX GOLD UPDATE OF 12 JUNE 2018

Gold trading range for the day is 30999-31369. Gold traded steady with investors awaiting key central bank policy meetings and the United States-North Korea summit this week for direction. The U.S. FOMC starts its two-day meeting on Tuesday, where it is anticipated to raise U.S. interest rates. Markets are also keeping a close eye on the historic summit between Trump and North Korean leader Kim Jong Un in Singapore.

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