EPIC RESEARCH MCX Gold UPDATE OF 31 October 2018

Gold trading range for the day is 31666-32024.

* Gold prices fell as the U.S. dollar firmed on renewed fears of an intensification in the Sino-U.S. trade war and worries over slowing global economic growth.

* U.S. President said he thinks there will be "a great deal" with China on trade, but warned that he has billions of dollars’ worth of new tariffs ready to go if a deal isn't possible.

* U.S. consumer confidence rose to an 18-year high in October, driven largely by a robust labour market.
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