EPIC RESEARCH MCX GOLD UPDATE OF 11 JULY 2016

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Gold trading range for the day is 31084-32212.  
Gold slipped sharply after stronger than expected U.S. payrolls data for June but rebounded quickly.  
U.S. job growth surged in June as factories and retailers boosted hiring, confirming the economy has regained speed after a first-quarter lull.        
SPDR gold trust holdings gained by 0.30% i.e. 2.97 tonnes to 981.26 tonnes from 978.29 tonnes.


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