EPIC RESEARCH MCX Gold UPDATE OF 18 September 2018

Gold trading range for the day is 30469-30953.

* Gold inched up as bargain-hunters bought the metal after prices dipped amid reports that US is set to impose a new round of tariffs on Chinese imports.

* U.S. President Donald Trump on Monday imposed 10 percent tariffs on about $200 billion worth of Chinese imports.

* Gold prices have declined over 12 percent from April amid intensifying global trade tensions and under pressure from rising U.S. interest rates.

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