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Wednesday 10 October 2018

EPIC RESEARCH MCX Gold UPDATE OF 10 October 2018


Gold trading range for the day is 31136-31474.

* Gold was steady as pressure from the dollar’s strength and a bullish U.S. rate outlook was balanced by falling stock markets.

* The International Monetary Fund cut its global economic growth forecasts for 2018 and 2019.

* The International Monetary Fund said in its updated World Economic Outlook that it was now expecting growth of 3.7%, down from the 3.9% growth it forecast in July.

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