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Thursday 14 December 2017

EPIC RESEARCH MCX GOLD UPDATE OF 14 DECEMBER 2017

Gold trading range for the day is 28032-28336. Gold looks positive as the dollar fell after the U.S. Federal Reserve raised interest rates as expected but left its outlook unchanged for coming years. The Federal Reserve raised interest rates by a quarter of a percentage point to a range of 1.25 percent to 1.50 percent. Policymakers projecting a short-term jump in U.S. economic growth from the Trump administration's proposed tax cuts.






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