EPIC RESEARCH MCX Gold UPDATE OF 10 September 2018
Posted by Commodity Updates by Epic Research on 12:02:00 with No comments
Gold trading range for the day is 30315-30633.
* Gold fell as the dollar resumed its rally after stronger-than-expected payrolls data cemented expectations that Fed will raise interest rates in September.
* U.S. jobs growth accelerated in August, with wages notching their largest annual increase in nine years.
* India's gold imports more than doubled in August to hit their highest level in 15 months as lower prices prompted manufacturers to replenish inventory for a jewellery exhibition.
* Gold fell as the dollar resumed its rally after stronger-than-expected payrolls data cemented expectations that Fed will raise interest rates in September.
* U.S. jobs growth accelerated in August, with wages notching their largest annual increase in nine years.
* India's gold imports more than doubled in August to hit their highest level in 15 months as lower prices prompted manufacturers to replenish inventory for a jewellery exhibition.
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