EPIC RESEARCH MCX GOLD UPDATE OF 24 JULY 2018

Gold trading range for the day is 29735-30053. Gold prices fell as the U.S. dollar held on to strength against the currencies of key bullion consumers China and India. Trump reinforced his criticism of the Federal Reserve's policy on raising interest rates, saying it takes away from the US’s 'big competitive edge' and could hurt U.S. economy. Fed's Bullard he doubts Trump's comments on the Fed will have any inflation on monetary policy.

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