EPIC RESEARCH MCX GOLD UPDATE OF 9 APRIL 2018

Gold trading range for the day is 30399-30897. Gold prices rose as stocks tumbled and dollar fell as rhetoric from U.S. President Trump and Chinese officials fed worries about a possible trade war. Support also seen after data showed the U.S. economy in March created the fewest jobs in six months. SPDR gold trust holdings gained by 0.69% i.e. 5.90 tonnes to 859.99 tonnes from 854.09 tonnes.

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