EPIC RESEARCH MCX GOLD UPDATE OF 9 MAY 2016

Posted by Farhan Khan on 12:02:00 with No comments
Gold trading range for the day is 29846-30686. 
Gold jumped after U.S. non-farm payrolls data for April came in weaker than expected.            
New York Fed President William Dudley told that two rate hikes in 2016 remain a "reasonable expectation."  
SPDR gold trust holdings gained by 0.57% i.e. 4.75 tonnes to 834.19 tonnes from 829.44 tonnes.

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