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EPIC RESEARCH MCX GOLD UPDATE OF 4 Oct 2016

On Monday, spot Gold Prices Declined by 0.33 percent to close at $1311.5 per ounce due to stronger dollar on stronger-than-expected U.S. manufacturing data and investors awaited jobs data later this week for clues about whether U.S. interest rates would rise by the year-end. Markets will look to the U.S. non-farm payrolls report on Friday for more clarity on whether the U.S. Federal Reserve is on track to tighten credit by December. On the MCX, gold prices declined by 0.53 percent to close at Rs.30579 per 10 gms.

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EPIC RESEARCH MCX GOLD UPDATE OF 4 Oct 2016

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