EPIC RESEARCH MCX Gold UPDATE OF 5 April 2019

Posted by Commodity Updates by Epic Research on 11:54:00 with No comments

Gold trading range for the day is 31447-32023.

* Gold prices gained as the U.S. dollar traded close to a one-week low hit in the previous session, while investors awaited progress on the Sino-U.S. trade negotiations.

* Negotiations between the United States and China made "good headway" last week in Beijing and the two sides aim to bridge differences during talks this week.

* The dollar remained under pressure after data showed U.S. services sector activity hit a more than 19-month low in March and private payrolls grew less than expected.


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