EPIC RESEARCH MCX GOLD UPDATE OF 28 JUNE 2018

Gold trading range for the day is 30440-30848. Gold prices steadied as the dollar steadied amid seemingly easing trade tension. The head of the Dallas Federal Reserve said the Fed could raise rates at least two more times before its policy stopped being accommodative. Also undercutting gold prices is a fall in holdings by gold-backed exchange traded funds by 1.9 million ounces, or 3.2 percent, since late May.

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