EPIC RESEARCH MCX Gold UPDATE OF 31 January 2019

Gold trading range for the day is 32743-33067.

* Gold prices steadies amid uncertainty over U.S.-China trade relations and as Federal Reserve kept rates on hold.

* Fed held interest rates steady but said it would be patient in lifting borrowing costs further this year as it pointed to rising uncertainty about the U.S. economic outlook.

* Investors are also concerned that criminal charges against China’s Huawei Co.. for violating U.S. sanctions against Iran could complicate U.S.-China trade talks.


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