EPIC RESEARCH MCX Gold UPDATE OF 7 January 2019

Gold trading range for the day is 31154-32030.

* Gold fell pulling back from a peak, as robust U.S. jobs data eased some concerns about an ailing economy.

* The Fed raised rates four times in 2018 on the back of strong growth and a robust labour market.

* Investors had expected the U.S. Fed to stay on its tightening path after three hikes last year, but the ongoing trade war.

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