EPIC RESEARCH MCX GOLD UPDATE OF 26 MARCH 2018

Gold trading range for the day is 30502-31152. Gold prices gained on a faltering dollar and equities as investors scurried to safety after U.S. President Donald Trump moved towards long-promised anti-China tariffs. Investor appetite for a safe-haven asset such as gold rises during times of geopolitical and financial uncertainties. Physical gold demand in Asian hot spots slouched in the week as higher global prices made buyers hold off on purchases and as discounts in India widened.

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