EPIC RESEARCH MCX GOLD UPDATE OF 2 AUGUST 2016

Gold trading range for the day is 31389-31685.   
Gold prices flitted between small gains and losses as investors looked to take a breather ahead of nonfarm payroll data.                
Gold seen support as expectations of a near-term US interest rate hike eased following disappointing U.S. growth figures.                
India's gold imports fell for a sixth straight month in July as sluggish demand and record high discounts.

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