EPIC RESEARCH MCX Gold UPDATE OF 18 April 2019

Gold trading range for the day is 31332-31722.

* Gold slipped as economic data from China tempered concerns about global growth, boosting risk appetite.

* Fed's Rosengren adds that the economy is doing well, but inflation remains short of the 2% goal

* Better economic conditions motivate investors to pivot towards equities that are interest-bearing assets and shun the non-yielding bullion.

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