EPIC RESEARCH MCX GOLD OIL UPDATE OF 19 June 2018

Posted by Commodity Updates by Epic Research on 12:10:00 with No comments

Gold trading range for the day is 30879-31073.

Gold prices traded in tight range as the U.S. dollar remained flat against its rivals and rising U.S.-China trade tensions fuelled investor appetite for safe-haven gold.

US President Trump threatened on Monday to impose a 10 percent tariff on $200 billion of Chinese goods.

Fed’s Kaplan said he would be open to raising the Fed's target policy rate a fourth time late this year, but his base case is for just three.

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