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Friday 15 March 2019

EPIC RESEARCH MCX Gold UPDATE OF 15 March 2019


Gold trading range for the day is 31516-32338.

* Gold dropped as the dollar regained some ground and uncertainty over Brexit eased, but downside seen after tepid U.S. inflation data.

* A meeting between U.S. President Trump and Chinese Xi to resolve the ongoing trade war won't take place this month and is more likely to occur in April at the earliest.

* The safe-haven demand against Brexit uncertainty, declined after British lawmakers rejected leaving the European Union without a deal.


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