Sunday, 6 April 2014

CAPITAL STROKE UPDATE 7 APRIL 2014 : MCX GOLD

23:30   , , , , , , ,   3 comments




Gold trading range for the day is 27965-28489.
Gold settled up after data showing brisk U.S. employment growth in March unleashed heavy short-covering by bullion investors.
The Labor Department said U.S. nonfarm payrolls increased by 192,000 jobs last month, slightly below estimate of 200,000.
SPDR gold trust holding dropped by 1.80 tonnes i.e. 0.22% to 809.18 tonnes from 810.98 tonnes.

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