EPIC RESEARCH MCX Gold UPDATE OF 21 November 2018

Gold trading range for the day is 30622-31086.

* Gold prices edged downward as investors flocked to the dollar and U.S. government bonds amid steep declines in global stock markets.

* New York Fed President John Williams told that “We will be likely raising interest rates somewhat, but it is really in the context of a very strong economy.”

* Richard Clarida, expressed caution over the global growth outlook on Friday and said "that's something that is going to be relevant" for the outlook for the U.S. economy.

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