EPIC RESEARCH MCX GOLD UPDATE OF 20 APRIL 2018

Gold trading range for the day is 31359-31739. Gold prices moved higher supported by weakness in the dollar and concerns over the eventual U.S.-North Korea summit. U.S. President Donald Trump said he hoped a summit with North Korean leader Kim Jong Un would be successful, while Western missile strikes in Syria were less extensive. The Federal Reserve’s Beige Book showed that tightness in the labor market has yet to boost wage growth pressure.

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