Wednesday 9 April 2014

CAPITAL STROKE COMMODITY UPDATE 9 APRIL 2014 : MCX GOLD




Gold trading range for the day is 28298-28676.
Gold rose on a sharply lower dollar and as renewed tensions between the United States and Russia over Ukraine burnished bullion's safe-haven appeal.
However, investors continued to pull money out of gold-backed exchange-traded funds, raising the risk that the price gains would be short lived.

SPDR gold trust holding dropped by 2.70 tonnes i.e. 0.33% to 806.48 tonnes from 809.18 tonnes.

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1 comments :

  1. INDIAN EQUITY BENCHMARK ended by trading at the highs of
    the day, bolstered by strength on the banking counters. DLF
    rose 1.96% after the company issued a clarification with regard
    to penalty charged against it by the Competition Commission of
    India.

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