EPIC RESEARCH MCX Gold UPDATE OF 7 December 2018

Gold trading range for the day is 30915-31383.

* Gold steadied as the dollar declined amid expectations of a slowdown in the pace of U.S. interest rate hikes.

* Fed's Powell: Financial stability is now more integral for monetary policy

* Fed Vice Chair Clarida the central bank should continue to gradually raise interest rates, but it was “especially important” to monitor economic data. -

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