EPIC RESEARCH MCX Gold UPDATE OF 11 January 2019

Gold trading range for the day is 31674-32238.

Gold slipped as the dollar bounced up off lows as investors pared back bearish positions on the U.S. currency.

Fed officials saw the extent and timing of future hikes as less clear.

A few Fed officials favored no rate increase at December meeting.

Fed's Minutes: Some Fed participants said it was possible to slow pace of decline in reserves in approaching the long-run level of reserves.

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