Friday 23 May 2014

CAPITAL STROKE COMMODITY UPDATE 23 MAY 2014: MCX GOLD

CS GOLD STRATEGY: -: CONSOLIDATE STRATEGY BUY ON DIP R2-27800 R1-27500 S1-27000 S2-26700 
Gold dropped nearly Rs.1000 in 2 session to hit ten-month low after the Reserve Bank eased import norms.
Comex Gold steady near to $1300 as support seen after Fed's latest policy meeting suggested not to raise interest rates soon.
SPDR Gold Trust said its holdings fell 3.3 tonnes to 776.89 tonnes on Wednesday - the lowest since December 2008.

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