Sunday, 20 April 2014

CAPITAL STROKE COMMODITY UPDATE 21 APRIL 2014 : MCX GOLD

23:58   , , , , , , ,   2 comments



Gold trading range for the day is 28370-28684.
Gold dropped as gains in equities markets and indications that the U.S. economic recovery is progressing dampened safe haven demand.
Ms. Yellen said monetary policy will need to remain accommodative for some time, citing slackness in the labor market and low inflation.
SPDR gold trust holdings dropped by 3.29 tonnes i.e. 0.41% to 795.14 tonnes from 798.43 tonnes.

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