EPIC RESEARCH MCX GOLD UPDATE OF 25 July 2018

Posted by Commodity Updates by Epic Research on 13:11:00 with No comments

Gold trading range for the day is 29641-30043.

* Gold prices settled flat despite a broad bounce in metal prices as the dollar rally paused.

* Markit's US manufacturing PMI inched up from June’s 55.4 and the expected 55.1, to stand at 55.5 this month.

* Euro zone business growth slowed more than expected this month as fears over a trade war with the US and a weaker global expansion put another dent in optimism.

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