Wednesday 21 May 2014

CAPITAL STROKE COMMODITY UPDATE 21 MAY 2014 MCX GOLD


CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-28700 R1-28400 S1-27800 S2-27400

Gold settled flat after trading in tight range as an industry report showed first-quarter demand in India and China fell sharply.
Gold demand in India to rise in H2 as import curbs likely to be eased – WGC


SPDR gold trust holdings dropped by 1.79 tonnes i.e. 0.23% to 780.19 tonnes from 781.98 tonnes.

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