EPIC RESEARCH MCX Gold UPDATE OF 26 February 2019

Gold trading range for the day is 33110-33634.

* Gold dropped as investors awaited a batch of key U.S. economic data and an appearance from Federal Reserve chairman Jerome Powell

* President Trump’s announcement was the clearest sign yet that China and the United States are closing in on a deal to end a months-long trade war that has slowed global growth.

* President Trump had planned to raise U.S. tariffs to 25 percent from 10 percent on $200 billion worth of Chinese imports if an agreement was not reached


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