EPIC RESEARCH MCX GOLD UPDATE OF 21 JUNE 2018

Gold trading range for the day is 30680-30936. Gold prices remained under pressure as dollar rallies to 11 month peaks. The U.S. jobs market does not appear overly tight and the Federal Reserve should continue with a gradual pace of interest rate rises amid a strong economy. Concerns about U.S. trade policy are increasing among business officials who are beginning to hold off on hiring and investment decisions given the level of uncertainty.

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