EPIC RESEARCH MCX Gold UPDATE OF 17 December 2018

* Gold trading range for the day is 31428-31704.

* Gold traded in range as the dollar rose ahead of the U.S. Federal Reserve’s interest rate decision.

* US President Donald Trump says "hopefully Fed won't be raising rates anymore"

* US Budget deficit $305.4B Fiscal YTD which is 51% higher than year prior

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