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Wednesday, 6 March 2019

EPIC RESEARCH MCX Gold UPDATE OF 6 March 2019


Gold trading range for the day is 31836-32552.

* Gold prices remained under pressure amid firmer dollar and optimism over a likely U.S.-China trade deal dented safe-haven appeal of the precious metal.

* U.S. Secretary of State Mike Pompeo said he thought the United States and China were “on the cusp” of a deal to end their trade war.

* China and India raised gold holdings in January, according to data from International Monetary Fund.

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