EPIC RESEARCH MCX Gold UPDATE OF 25 September 2018

Posted by Commodity Updates by Epic Research on 11:37:00 with No comments
Gold trading range for the day is 30479-31073.

* Gold seen supported after the dollar dropped following remarks by the head of the European Central Bank.

* China has cancelled trade talks with the United States, with the market also eyeing this week’s U.S. Federal Reserve meeting for guidance on future rate hikes.

* China added $60 billion of U.S. products to its import tariff list, retaliating against U.S. duties on $200 billion of Chinese goods. -

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