EPIC RESEARCH MCX GOLD UPDATE OF 22 JUNE 2018

Gold trading range for the day is 30392-30862. Gold prices sank as investors sold holdings in the physical market and the dollar climbed due to expectations of higher interest rates in the United States. The dollar softened slightly after a report showing that manufacturing activity in the Philadelphia region slowed in June after a spike higher in the previous month. Russia produced 51.6 tonnes of gold in the first three months of 2018, up from 50.9 tonnes in the same period in 2017, the finance ministry said.

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