EPIC RESEARCH MCX GOLD UPDATE OF 25 June 2018

Gold trading range for the day is 30501-30711.

Gold prices traded in range and remained at six-month lows as trade tensions lingered.

Prices were also unable to capitalise on a modest uptick in safe haven demand in the wake of U.S. President Trump's threat to impose a 20% tariff imports from the EU.

Expectations for a fourth rate hike at the Fed's December meeting rose to nearly 50% from about 40% on Thursday.

Dealers in India were charging a premium of up to $1 an ounce over official domestic prices in the week, for the first time since the week of May 4.

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