EPIC RESEARCH MCX GOLD UPDATE OF 24 AUGUST 2018

Gold trading range for the day is 29469-29749. Gold prices fell as fears of another round of U.S. tariffs on China and expectations of higher interest rates lifted the dollar. Minutes of the Federal Reserve’s latest policy meeting suggested the U.S. central bank is on course to further raise interest rates after it raised rates twice this year. U.S. and Chinese officials met for the first time in over two months to find a way out of their deepening trade conflict.

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