EPIC RESEARCH MCX Gold UPDATE OF 31 December 2018

Gold trading range for the day is 31490-31788.

* Gold dropped on profit booking after prices seen supported by a weaker dollar, worries over global economic growth and stock market tumult.

* Prices remain positive as the ongoing US government shutdown drags on risk appetite.

* Physical gold demand lacked vigour in most Asian hubs in the week as limited safe haven interest failed to lift activity into the year end.


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