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Monday 1 April 2019

EPIC RESEARCH MCX Gold UPDATE OF 1 April 2019



Gold trading range for the day is 31559-32289.

Gold gained as the dollar eased on tepid U.S. economic data

Also propping up bullion were cautious signals from the U.S. Federal Reserve and the European Central Bank.

Gold premiums in China eased as worries about a slowdown in the world’s top bullion consumer prompted some customers to hold off on purchases.

The U.S. Mint sold 11,500 ounces of American Eagle gold coins in March, down 8 percent from the previous month, according to the latest data.

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