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Tuesday, 12 March 2019

EPIC RESEARCH MCX Gold UPDATE OF 12 March 2019



Gold trading range for the day is 31696-32254.

* Gold inched down as a firm dollar offset support from fading appetite for riskier assets due to mounting global growth concerns.

* U.S. payrolls data raised doubts on the strength of the global economy.

* Hedge funds and money managers slashed their net long position in COMEX gold in the week to March 5, to its in over a month.


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