EPIC RESEARCH MCX Gold UPDATE OF 9 April 2019

Gold trading range for the day is 31737-32511.

* Gold prices rose as the dollar edged lower, while investors awaited minutes of the U.S. Federal Reserve’s March meeting later this week.

* Though employment growth accelerated from a 17-month low in March, data showed slowdown in wage growth and job cuts in the manufacturing sector.

* The markets are now awaiting the minutes of the FOMC’s March policy meeting, due on Wednesday, for cues on Fed’s future monetary policy stance.


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