EPIC RESEARCH MCX Gold UPDATE OF 29 AUGUST 2018

Gold trading range for the day is 29869-30287.

Gold pared gains as U.S. Treasuries rose after the United States and Mexico struck a trade deal, with ongoing U.S.-China tensions would continue to weigh.

Markets believe recent higher activity in gold options amid geopolitical tensions and a record-long bull market for U.S. equities suggest that investors are betting gold prices.

China's net gold imports via main conduit Hong Kong dived 45 percent in July from the previous month, data showed.

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