Sunday 28 September 2014

CAPITAL STROKE COMMODITY UPDATE 29-SEP-2014 : MCX GOLD



Gold trading range for the day is 26512-27276.

Gold dropped as investors remained wary that a strong dollar and rebounding shares could drive prices.

The bigger impact on gold prices could still come from economic data, with U.S. September non-farm payrolls figures due on Oct. 3.

SPDR gold trust holdings dropped by 1.20 tonnes i.e. 0.16% to 772.25 tonnes from 773.45 tonnes.

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