EPIC RESEARCH MCX Gold UPDATE OF 20 February 2019

Gold trading range for the day is 33462-34136.

* Gold prices rose as concerns over a global economic slowdown spurred a safe-haven bid and were also supported by a weaker U.S. dollar.

* Prices were supported by hopes that Sino-U.S. trade talks were making positive progress and expectations of policy stimulus from central banks.

* US and China will resume trade talks in Washington, with U.S. President Donald Trump saying he may extend a March 1 deadline for a deal.


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