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Friday, 23 December 2016

EPIC RESEARCH MCX GOLD UPDATE OF 23 DECEMBER 2016


Gold trading range for the day is 26752-27188. Gold prices ended with small losses as pressure continues amid expectations that the U.S. Federal Reserve will opt for more interest rate hikes in 2017. U.S. data published on Friday helped strengthen the case for the Fed to raise rates. The dollar remained less than 1 percent below the 14-year high hit after the Fed raised U.S. interest rates last week for the first time in a year .




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