EPIC RESEARCH MCX Gold UPDATE OF 14 January 2019

Gold trading range for the day is 31785-32147.

* Gold gained supported by increasing market nervousness over President Trump's unbending demand for a wall to be built on the border with Mexico.

* Fed would not want to wait too long before responding to a persistent slowdown in global growth before adjusting its U.S. monetary policy to offset that.

* Minutes from the Federal Reserve’s Dec. 18-19 meeting showed several policymakers were in favor of keeping rates steady this year.


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