EPIC RESEARCH MCX Gold UPDATE OF 13 March 2019

Posted by Commodity Updates by Epic Research on 12:09:00 with No comments

Gold trading range for the day is 31798-32144.

* Gold prices rose as the dollar weakened after the European Commission accepted amendments to the UK’s Brexit deal.

* EC head Jean-Claude Juncker agreed an updated Brexit deal with British Prime Minister Theresa May to make the agreement more palatable to UK lawmakers.

* U.S. retail sales rose modestly in January, but the recovery was not seen strong enough to alter the course of a U.S. economy that was losing momentum in early 2019.


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