EPIC RESEARCH MCX GOLD UPDATE OF 10 April 2017

Gold trading range for the day is 28443-29121. Gold prices gave up most of its gains as the dollar rose and safe haven demand ebbed. Prices strengthened earlier after U.S. launched cruise missiles at an airbase in Syria, sparking concerns of an escalation in the Syrian civil war. Gold reserves value fell to $73.74 billion at the end of March, from $74.376 billion at end-February, data published on the People's Bank of China website also showed.

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