EPIC RESEARCH MCX Gold UPDATE OF 10 August 2018

Gold trading range for the day is 29513-29811.

* Gold prices seen supported drawing some support from global political tensions and a slightly weaker dollar against the yen.

* The number of Americans filing for unemployment benefits unexpectedly fell last week, suggesting that a strong economy was helping the labour market.

* China warned that duties imposed by President Donald Trump’s administration on some $50 billion of Chinese imports set to be enacted on Aug. 23.

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