EPIC RESEARCH MCX Gold UPDATE OF 30 October 2018

Gold trading range for the day is 31744-32092.

* Gold eased pressured by a strong dollar and as investors returned to riskier assets following a recent sell-off in global stocks.

* Prices are likely to remain range bound ahead of next week's mid-term election in the United States and the U.S. non-farm payroll data due later this week

* Hedge funds and money managers cut their net short position in Comex gold by 10,473 contracts to 26,899 contracts, the smallest net short position since mid-July.


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