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Friday, 29 April 2016

EPIC RESEARCH MCX GOLD UPDATE OF 29 APRIL 2016

Gold trading range for the day is 29111-30015. 
Gold gained as the U.S. dollar tumbled against the yen after the Bank of Japan surprised markets by keeping monetary policy steady.  
European Central Bank (ECB) president Mario Draghi defended record low interest rates and explained that Germans have investment options.         
SPDR gold trust holdings gained by 0.19% i.e. 1.49 tonnes to 804.14 tonnes from 802.65 tonnes.

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