EPIC RESEARCH MCX GOLD UPDATE OF 30 MAY 2018

Gold trading range for the day is 30879-31479.

Gold prices remained supported as earlier losses on dollar strength were offset somewhat by rising safe-haven demand following an uptick in geopolitical uncertainty.

Italy faces the prospect of fresh elections, which could deliver a deeply Eurosceptic government, threatening the future of Eurozone.

Rising geopolitical uncertainty, however, has failed to stop money managers from trimming their bets on gold for a second-straight week.


Subscribe now for best MCX TIPS
For quick free trial click here > 911 133 9000

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+