EPIC RESEARCH MCX Gold UPDATE OF 17 August 2018

Gold trading range for the day is 29087-29721.

* Gold prices remained under pressure despite news that China and the United States will hold trade talks this month.

* The meeting between a Chinese delegation and U.S. representatives offers hope for progress in resolving the trade conflict.

* Political and economic uncertainty have seen investors opt for the safety of U.S. Treasuries and the U.S. currency.

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