EPIC RESEARCH MCX GOLD UPDATE OF 08 DECEMBER 2016

Posted by aditi on 10:54:00 with No comments
Gold trading range for the day is 27700-28130. Gold prices edged higher as a weaker dollar pushed investors to lock in gains on the metal’s recent decline. Several Fed policymakers have expressed confidence in the U.S. economy and signalled a possible near-term interest rate hike. SPDR gold trust holdings dropped by 0.72% i.e. 6.23 tonnes to 863.67 tonnes from 869.90 tonnes.

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