EPIC RESEARCH MCX GOLD UPDATE OF 13 JULY 2016
Posted by Unknown on 13:01:00 with No comments
On Tuesday, spot gold prices
declined by 1.74 percent to close at $1331.3 per ounce as prices saw
its biggest one-day fall in three weeks. Global equities rallied on
easing political uncertainty in Britain and hopes for more economic
stimulus, which in turn curbed demand for assets perceived as safe
havens. Japan's ruling coalition fanned expectations of more fiscal
stimulus, while the Bank of England could cut rates as soon as
Thursday following its monthly policy meeting.
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