EPIC RESEARCH MCX GOLD UPDATE OF 13 APRIL 2018

Gold trading range for the day is 30731-31471. Gold prices fell as the stronger dollar weighed and fears over escalating tensions in Syria cooled, but remained on investors’ minds. Rising geopolitical tensions pulled focus away from fears over a U.S.-China trade war, which had gripped global financial markets in recent weeks. The Fed’s March meeting showed that officials believe that the economy will continue to firm and that inflation will rise towards their 2% target in the coming months.

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