EPIC RESEARCH MCX Gold UPDATE OF 11 September 2018

Gold trading range for the day is 30412-30880.

* Gold prices edged higher as hopes of a swift Brexit deal boosted sterling and the euro against the dollar.

* Stronger-than-expected U.S. payrolls data cemented expectations that the U.S. Fed will raise interest rates in September, in what would be its third hike this year.

* Investors increased their bearish stances in COMEX gold contracts to the biggest on record in the holiday-shortened week to Sept. 4, data showed.


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