EPIC RESEARCH MCX GOLD UPDATE OF 01 DECEMBER 2017

Gold trading range for the day is 28941-29497. Gold fell as upbeat sentiment on equities and positive U.S. growth data dented the appeal of the safe-haven asset. prices fell sharply as upbeat inflation data lifted treasury yields higher sparking a recovery in the dollar, while signs of progress on tax reform weighed on sentiment. The Senate parliamentarian ruled that a fiscal "trigger," important to winning deficit-wary Sen. Bob Corker's support for the GOP plan, will not work under Senate rules.









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