EPIC RESEARCH MCX Gold UPDATE OF 04 October 2018

Gold trading range for the day is 30801-31761.

* Gold prices ended with gains on worries over Italian finances.

* Fed Chairman Powell hailed a “remarkably positive outlook” for the U.S. economy that he feels is on the verge of a “historically rare” era of ultra-low unemployment.

* The Fed’s point-person on the theory of how high to raise interest rates said that estimating this “neutral” level is getting more difficult and less relevant.


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