Monday 17 March 2014

CAPITAL STROKE COMMODITY UPDATE 18 MARCH 2014: MCX GOLD

Gold trading range for the day is 30217-30645.
Gold prices fell as a sharp rally in U.S. equities triggered profit-taking after bullion briefly rose in last some sessions.
Investors' appetite for risk diminished in view of increasing political tensions and economic troubles, which benefit gold.
SPDR gold trust holding dropped by 3.81 tonnes i.e. 0.47% to 812.78 tonnes from 816.59 tonnes.
The market was now awaiting the U.S. Federal Reserve's policy meeting on March 18-19.

For more details contact : 0731-3299704 or Visit: http://capitalstroke.com/

0 comments :

Post a Comment