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Wednesday, 13 April 2016

EPIC RESEARCH MCX GOLD UPDATE OF 13 APRIL 2016

Gold trading range for the day is 29102-29612. 
Gold settled flat as the dollar bounced from eight-month lows, offsetting gains from earlier in the session when investors piled into the safe-haven asset.             
The International Monetary Fund lowered its global economic growth forecasts for the remainder of the year.             
SPDR gold trust holdings dropped by 0.22% i.e. 1.79 tonnes to 817.81 tonnes from 819.60 tonnes.

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