EPIC RESEARCH MCX GOLD UPDATE OF 25 MAY 2018

Gold trading range for the day is 31135-31679.

Gold prices moved higher as a weaker dollar and U.S.-China trade concerns continued to support demand for the safe haven precious medal.

The latest Federal Reserve meeting minutes hinted at a dovish approach to rate hikes later this year.

The minutes indicated central bankers are happy to let inflation run above the 2% target for a “temporary period”, signaling no rush to tighten monetary policy.

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