EPIC RESEARCH MCX GOLD UPDATE OF 06 June 2018

Gold trading range for the day is 30787-31213.

Gold prices rose as the dollar retreated slightly from close to a six-month high.

U.S. Treasury yields fell as traders piled back into lower-risk government debt after Italy's new prime minister vowed to enact economic policies.

Investors are awaiting economic data that might confirm the U.S. economy is on track for a strong June quarter, with rising bond yields also supporting the greenback.

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