EPIC RESEARCH MCX GOLD UPDATE OF 9 JULY 2018

Gold trading range for the day is 30423-30805. Gold prices traded in the range as the U.S. dollar weakened and U.S. trade tariffs against China went into effect. FOMC minutes reinforce view of steady rate hikes. Says trade risks are growing. Trade conflict between the two biggest economies in the world began in force on Friday, when U.S. tariffs on $34 billion worth of Chinese goods went into effect.

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