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Thursday 12 July 2018

EPIC RESEARCH MCX GOLD UPDATE OF 12 JULY 2018

Gold trading range for the day is 30148-30596. Gold fell after the United States threatened to impose additional tariffs on Chinese goods, escalating trade tensions between the world's two largest economies. The Trump administration raised the stakes in its trade dispute with China, threatening 10 percent tariffs on a list of $200 billion worth of Chinese imports. European Central Bank policymakers are split over when the ECB might raise interest rates next year, with some saying an increase is possible as early as July 2019.

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