Friday 17 November 2017

EPIC RESEARCH MCX GOLD UPDATE OF 17 NOVEMBER 2017

Gold trading range for the day is 29404-29586.Gold trading in the range as gains are capped after US inflation cemented expectations for an interest rate hike from the Federal Reserve.US House of Representatives passed its version of sweeping tax cuts and investors weighed possible changes in fiscal policy.China's gold production growth is expected to slow over the years to 2026 because of depleting reserves and rising production costs.

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