EPIC RESEARCH MCX GOLD UPDATE OF 17 JANUARY 2018

Posted by aditi on 12:07:00 with No comments
Gold trading range for the day is 29694-29914. Gold prices remained supported as the U.S. dollar slumped to three-year lows against a basket of currencies. The greenback has weakened as markets have grown more confident that a global recovery would outpace U.S. growth. The ECB is unlikely to ditch a pledge to keep buying bonds at next week's meeting as rate setters need more time to assess the outlook for the economy and the euro.









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