EPIC RESEARCH MCX GOLD UPDATE OF 25 JUNE 2018

Gold trading range for the day is 30501-30711. Gold prices traded in range and remained at six-month lows as trade tensions lingered. Prices were also unable to capitalise on a modest uptick in safe haven demand in the wake of U.S. President Trump's threat to impose a 20% tariff imports from the EU. Expectations for a fourth rate hike at the Fed's December meeting rose to nearly 50% from about 40% on Thursday.

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