EPIC RESEARCH MCX GOLD UPDATE OF 12 JULY 2016

Posted by Farhan Khan on 12:53:00 with No comments
Gold Spot gold prices fell by 0.8 percent to close at $1354.9 per ounce after as the release of strong U.S. nonfarm payrolls data last Friday eased concerns about the state of the country’s economy. U.S. employers added 287,000 jobs in June, the most since last October. Also, broad market expectations that the major central bankers would provide fresh stimulus measures to support the ailing economy, hurt safe haven appeal.


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