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Wednesday, 21 March 2018

EPIC RESEARCH MCX GOLD UPDATE OF 21 MARCH 2018

Gold trading range for the day is 30097-30439. Gold prices fell as the dollar strengthened ahead of a Fed’s meeting at which the U.S. central bank is expected to raise interest rates for the first time this year. Investors were instead looking ahead to guidance on the pace of future rate increases, with the Fed likely to take a cautious approach. Switzerland became a net exporter of gold for the first time in more than two years in February, data from the Swiss customs bureau showed.

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