EPIC RESEARCH MCX Gold UPDATE OF 21 February 2019

Gold trading range for the day is 33713-34109.

Gold steadied as the dollar struggled before the U.S. Federal Reserve’s policy meeting minutes.

The dollar was capped on falling U.S. Treasury yields and optimism surrounding trade talks between the United States and China.

U.S. President Trump said that trade talks with China were going well and suggested he was open to pushing off the March 1 deadline to complete negotiations.

The United States should respect China’s right to develop and become prosperous, the Chinese government’s top diplomat told a visiting U.S. delegation.


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