EPIC RESEARCH MCX Gold UPDATE OF 25 January 2019

Posted by Commodity Updates by Epic Research on 11:31:00 with No comments


Gold trading range for the day is 31878-32218.

Gold dropped due to firmer dollar, but investors keeping watch over the impact of the partial shutdown of the U.S. government and ongoing U.S.-China trade dispute.

ECB President Draghi acknowledged that risks to euro zone growth had shifted to the downside due to possible fall-out from factors ranging from China’s slowdown to Brexit.

U.S. Commerce Secretary Wilbur Ross said the United States and China were "miles and miles" from resolving their trade dispute.

Russia Raised Gold Holdings By 10.33 Tonnes To 2,113.10 Tonnes In 2018 Dec -IMF Data


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