EPIC RESEARCH MCX Gold UPDATE OF 11 October 2018

Gold trading range for the day is 31220-31476.

* Gold prices edged higher as some investors sought refuge in the precious metal after the global stocks tumbled and the U.S. dollar weakened.

* U.S. President Donald Trump again criticized the Fed, telling reporters the central bank is going too fast in raising rates when inflation is minimal.

* Holdings in SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, rose 1.21 percent to 738.99 tonnes.

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