EPIC RESEARCH MCX GOLD UPDATE OF 26 JULY 2018

Gold trading range for the day is 29701-30095. Gold prices traded in range lack of clarity over where a brewing trade spat between the United States and Europe. Rising investor interest in gold can be seen in the SPDR holdings which are up more than one percent to 25.803 million ounces since July 18. Investors are also awaiting the second-quarter U.S. economic growth data which is due on Friday, where they expect growth to top current forecasts of 4.1%.

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