EPIC RESEARCH MCX Gold UPDATE OF 26 December 2018

Gold trading range for the day is 31200-31600.

* Gold climbed amid worries over a partial U.S. government shutdown, Sino-U.S. trade tensions and faltering global economic growth.

* The U.S. economy slowed slightly more than previously estimated in the third quarter and momentum appears to have moderated further in the fourth quarter.

* Fed’s Chairman Powell had said last week that policymakers would be "patient" in determining future rate hikes amid expectations the U.S. economy will slow next year


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