Friday, 11 April 2014

CAPITAL STROKE COMMODITY UPDATE 11 APRIL 2014 : MCX GOLD




Gold trading range for the day is 28318-29046.

Gold gained after minutes from the Federal Reserve's policy meeting showed that officials were not keen on increasing interest rates anytime soon

Prices largely ignored data signalling a stronger U.S. job market, with the number of Americans filing new applications for unemployment benefits tumbling.

SPDR gold trust holding dropped by 0.26 tonnes i.e. 0.03% to 806.22 tonnes from 806.48 tonnes.

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