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Wednesday 24 August 2016

EPIC RESEARCH MCX GOLD UPDATE OF 24 AUGUST 2016


Gold trading range for the day is 31197-31501. Gold settled flat as markets shifted focus from comments by Fed official over the weekend to a meeting of global central bankers later this week. U.S. Federal Reserve Chair Janet Yellen may provide more clarity on interest rates in a speech at the meeting of central bankers. Indian gold refiner’s just months ago were ramping up capacity and struggling to secure enough ore from miners.

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