EPIC RESEARCH MCX Gold UPDATE OF 29 October 2018

Gold trading range for the day is 31705-32329.

* Gold prices rose as nervous investors retreated from stock markets and piled into the precious metal seen as a refuge from financial turmoil.

* The release of U.S. growth data, showed the economy slowed less than expected in the third quarter, had little lasting impact.

* Gold demand in India in the week was muted as a recent rally in domestic prices prompted buyers to postpone purchases despite the approaching festival and wedding season


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