EPIC RESEARCH MCX GOLD UPDATE OF 22 SEPTEMBER 2017

Gold trading range for the day is 29363-29723.Gold prices dropped as pressure seen after the Federal Reserve signalled it was on track to raise U.S. interest rates again in December.The U.S. central bank indicated it still expected one more rate increase by the end of the year in spite of a recent run of soft inflation readings. It also said it planned to trim the $4.2 trillion in asset holdings that it had built up in the wake of the 2008 financial crisis.




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