CAPITAL STROKE COMMODITY UPDATE 13 MARCH 2014: MCX GOLD

Gold trading range for the day is 30167-30699.

Gold rose as global uncertainty over economic growth and tensions in Ukraine burnished the metal's safe-haven appeal.

China's first bond default and weak data on exports have stoked concerns about the health of the world's second-biggest economy.

SPDR gold trust holding dropped by 1.50 tonnes i.e. 0.18% to 811.20 tonnes from 812.70 tonnes.

Demand for physical bullion and jewellery has dropped off due to the jump in prices.
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