EPIC RESEARCH MCX Gold UPDATE OF 18 September 2018
Posted by Commodity Updates by Epic Research on 13:01:00 with No comments
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Gold trading range for the day is 30469-30953.
* Gold inched up as bargain-hunters bought the metal after prices dipped amid reports that US is set to impose a new round of tariffs on Chinese imports.
* U.S. President Donald Trump on Monday imposed 10 percent tariffs on about $200 billion worth of Chinese imports.
* Gold prices have declined over 12 percent from April amid intensifying global trade tensions and under pressure from rising U.S. interest rates.
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