EPIC RESEARCH MCX GOLD UPDATE OF 11 AUGUST 2017

Gold trading range for the day is 28777-29423. Gold rose as another exchange of threats by the United States and North Korea prompted investors to buy bullion as a safe-haven asset.North Korea dismissed warnings by U.S. President Donald Trump that it would face "fire and fury" if it threatened the United States as a "load of nonsense". The Fed expects "very weak" U.S. inflation to rebound thanks to a slide in the dollar and to a labour market that keeps getting hotter.

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