EPIC RESEARCH MCX GOLD UPDATE OF 02 MARCH 2017

Posted by aditi on 11:39:00 with No comments
Spot gold prices traded flat at $1248.9/oz, near one week lows, as a stronger DX along with rally in the US equities after Trump reiterated on his tax cuts, infrastructure and defence spending plans in his speech before the Congress, pressurised the yellow metal. Still, the safe haven metal has witnessed gains of around 4 percent in February thanks to uncertainty regarding Trump’s policies and Federal Reserve interest rate path going forward.

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