EPIC RESEARCH MCX GOLD UPDATE OF 12 MAY 2016

Posted by Farhan Khan on 12:02:00 with No comments
Gold trading range for the day is 29708-30188. 
Gold gained as the dollar's rally paused and shares fell, rekindling investor appetite for the precious metal.   
Goldman increased its gold price forecasts for coming months, citing stronger net speculative positioning.     
SPDR gold trust holdings gained by 0.32% i.e. 2.67 tonnes to 841.92 tonnes from 839.25 tonnes.

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