EPIC RESEARCH MCX GOLD UPDATE OF 22 MARCH 2018

Gold trading range for the day is 30134-30682. Gold remains supported after the U.S. Federal Reserve increased interest rates and forecast at least two more hikes for 2018. U.S. Federal Reserve increased interest rates and forecast at least two more hikes for 2018, falling short of the three more increases many expected. The U.S. central bank said inflation should move higher amid a stronger economy after years below its 2 percent target.

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