EPIC RESEARCH MCX GOLD UPDATE OF 2 DECEMBER 2016

Gold trading range for the day is 27698-28342. Gold fell as a surge in oil prices boosted bond yields, denting interest in non-yielding gold as an alternative investment. Fed: US economy continued to expand across most regions, 7 saw tightening job conditions SPDR gold trust holdings dropped by 1.54% i.e. 13.64 tonnes to 870.22 tonnes from 883.86 tonnes.




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