EPIC RESEARCH MCX GOLD UPDATE OF 12 OCTOBER 2017

Gold trading range for the day is 29608-29872. Gold seen some pressure as dollar held steady, with investors waiting for minutes from the U.S. Federal Reserve's latest meeting for clues.U.S. Fed policymakers had a prolonged debate about the prospects of a pickup in inflation and slowing the path of future interest rate rises if it did not. India's gold imports rose sharply in September as jewelers increased purchases ahead of a festival at the end of the month.









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