EPIC RESEARCH MCX GOLD UPDATE OF 11 APRIL 2018

Gold trading range for the day is 30576-31098. Gold rallied as the U.S. dollar weakened and investors awaited potential U.S. action against suspected use of chemical weapons in Syria. Chinese President Xi Jinping promised to lower import tariffs on certain products, helping soothe fears over an escalating trade row with US. India's gold imports in March halved from a year ago to 52.5 tonnes as a rally in local prices to 16-month high slashed demand.

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