EPIC RESEARCH MCX GOLD UPDATE OF 12 FEBRUARY 2018

Posted by aditi on 12:26:00 with No comments
Gold trading range for the day is 29790-30212. Gold slipped due to firmer dollar and worries about rising global interest rates, but still found some support as a safe haven asset as world stock markets fell. Gold failed to attract investors fleeing from the biggest selloff in six years in global equities as U.S. Treasury yields rose to four-year highs. Physical gold demand in Asia picked up towards the end of the week, as a pullback in prices spurred purchases ahead of the Lunar New Year in China.






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