EPIC RESEARCH MCX GOLD UPDATE OF 04 July 2018

Gold trading range for the day is 30108-30766.

Gold prices gained as dollar eased and shares sank amid heightening trade friction between the United States and major economies.

The Fed is expected to raise interest rates at least four times this year, which would likely to further dent gold prices.

SPDR gold trust holdings dropped by 0.72% i.e. 5.89 tonnes to 803.42 tonnes from 809.31 tonnes.

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