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Friday, 22 February 2019

EPIC RESEARCH MCX Gold UPDATE OF 22 February 2019


Gold trading range for the day is 33173-33937.

* Gold dropped as the dollar inched up after minutes from the last U.S. Federal Reserve meeting rekindled expectations of another rate hike this year.

* Investors were also keeping a close eye on talks to end a trade dispute between China and the United States.

* The Fed, said the U.S. economy and its labour market remained strong, prompting some expectations of at least one more interest rate hike this year.


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