EPIC RESEARCH MCX GOLD UPDATE OF 18 JULY 2016

Posted by Unknown on 12:52:00 with No comments
Gold trading range for the day is 30707-31235.  
Gold settled flat and was set for its first weekly loss since May on improving global risk sentiment and a stronger dollar after better-than-expected U.S. data.  
Prices reversed losses after Turkish Prime Minister Binali Yildirim said a group within the country's military has attempted to overthrow the government.
Three Federal Reserve policymakers expressed the view that there was no hurry to raise U.S. interest rates in the wake of the UK vote to leave EU.


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