EPIC RESEARCH MCX GOLD UPDATE OF 3 JUNE 2016

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Gold inched down amid a relatively flat dollar, as the ECB and OPEC ended without enacting any major policy changes.              
Fed have been hesitant to lift rates as the ECB and the Bank of Japan continue to maintain a negative interest rate policy.               
Holdings in SPDR Gold Trust, rose 0.51 percent to 875.20 tonnes on Thursday from 870.74 tonnes on Wednesday, the highest since October 2013.




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