Gold trading range for the day is 31872-32618.
Gold prices gained amid concerns that a prolonged U.S. government shutdown could exacerbate an already slowing global growth.
US and China are "miles and miles" from resolving trade issues, but there is a fair chance the two countries will get a deal, U.S. Commerce Secretary Wilbur Ross said.
A synchronised global economic slowdown is under way and any escalation in the U.S.- China trade war would trigger a sharper downturn.
Technically market is under short covering as market has witnessed drop in open interest by -5.63% to settled at 7052.
Subscribe now for best COMMODITY TIPS
For quick free trial click here < +917316642316
Connect with our social media sites
| YouTube | Google+ |
0 on: "EPIC RESEARCH MCX Gold UPDATE OF 28 January 2019"