EPIC RESEARCH MCX GOLD UPDATE OF 05 JANUARY 2018

Gold trading range for the day is 28995-29363. Gold prices steadied as prospects for further U.S. interest rate increases put the brakes on a recent rally. U.S. private employers added 250,000 jobs in December, data from ADP Research Institute showed, the biggest monthly increase since March. With ADP out of the way, investors are now focused on Friday’s U.S. non-farm payrolls report, which is expected to show job gains of 190,000 for December.



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