EPIC RESEARCH MCX Gold UPDATE OF 28 November 2018

Gold trading range for the day is 30201-30731.

* Gold fell as the dollar rallied after comments from Fed’s Vice Chair Clarida bolstered expectations that the central bank would continue raising interest rates.

* U.S. President Donald Trump seemed to quash hopes of a trade truce with China, dampening risk appetite across the region.

* China’s net gold imports in October via main conduit Hong Kong more than doubled from a more than seven-year low touched the previous month.

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