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Monday 15 October 2018

EPIC RESEARCH MCX Gold UPDATE OF 15 October 2018



Gold trading range for the day is 31657-31993.

* Gold prices eased coming under pressure as the U.S. dollar climbed and global stocks rebounded from a six-day rout.

* The dollar index rose as global equities rebounded from a multiday selloff, boosted by strong export data in China.

* The Fed hiked rates last month for the third time this year and is expected to raise them again in December.


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