EPIC RESEARCH MCX GOLD UPDATE OF 6 JUNE 2016

Posted by Farhan Khan on 11:33:00 with No comments
Gold trading range for the day is 28610-29808. 
Gold surged after U.S. payrolls data fell well short of forecasts, boosting expectations that the Federal Reserve will stand pat on interest rates.   
The U.S. economy created the fewest jobs in more than five years in May, a Labor Department report showed.             
SPDR gold trust holdings gained by 0.71% i.e. 6.24 tonnes to 881.44 tonnes from 875.20 tonnes.


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