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Monday 10 September 2018

EPIC RESEARCH MCX Gold UPDATE OF 10 September 2018

Gold trading range for the day is 30315-30633.

* Gold fell as the dollar resumed its rally after stronger-than-expected payrolls data cemented expectations that Fed will raise interest rates in September.

* U.S. jobs growth accelerated in August, with wages notching their largest annual increase in nine years.

* India's gold imports more than doubled in August to hit their highest level in 15 months as lower prices prompted manufacturers to replenish inventory for a jewellery exhibition.

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