EPIC RESEARCH MCX GOLD UPDATE OF 2 MAY 2016

Posted by Farhan Khan on 11:49:00 with No comments
Gold trading range for the day is 29504-30756. 
Gold prices rose as investors sought shelter in the safe-haven asset, amid a considerable sell-off on global equity markets.            
The Commerce Department said its Personal Consumption Expenditures (PCE) Price Index in March rose by 0.8% on an annual basis.   
The Fed kept the door open to a hike in June, but showed little sign it was in a hurry to tighten monetary policy.

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