Thursday 24 April 2014

CAPITAL STROKE COMMODITY UPDATE 25 APRIL 2014: MCX GOLD

Gold trading range for the day is 28580-28920.
Gold prices edged higher as concerns over ongoing unrest in eastern Ukraine supported safe haven demand.
Gold gains looked likely to remain limited as weakening Chinese demand for the precious metal and signs that the U.S. economy is improving weighed.
But signs of a sustained economic recovery in U.S. overshadowed crisis in Ukraine, after data showed that U.S. new home sales fell less than expected.


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