EPIC RESEARCH MCX GOLD UPDATE OF 30 NOVEMBER 2016

Posted by aditi on 11:23:00 with No comments
Gold trading range for the day is 28497-28933. Gold remained under pressure due to expectations of rising U.S. interest rates and improving sentiment for global economic growth. Also weighing on bullion was a highly anticipated U.S. interest rate hike in December by the Federal Reserve, which is due to next meet on Dec. 13-14. ECB is due to decide next week on whether to extend beyond March its 1.74-trillion-euro bond-buying programme .

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