Gold to trade in 28497-28933 range: Achiievers Equities

According to Achiievers Equities, Gold remained under pressure due to expectations of rising U.S. interest rates and improving sentiment for global economic growth.
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Nov 30, 2016, 05.37 PM | Source: Moneycontrol.com

Gold to trade in 28497-28933 range: Achiievers Equities

According to Achiievers Equities, Gold remained under pressure due to expectations of rising U.S. interest rates and improving sentiment for global economic growth.

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Gold to trade in 28497-28933 range: Achiievers Equities

According to Achiievers Equities, Gold remained under pressure due to expectations of rising U.S. interest rates and improving sentiment for global economic growth.

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Achiievers Equities report on Gold

Gold

Gold trading range for the day is 28497-28933.

Gold remained under pressure due to expectations of rising U.S. interest rates and improving sentiment for global economic growth.

Also weighing on bullion was a highly anticipated U.S. interest rate hike in December by the Federal Reserve, which is due to next meet on Dec. 13-14.

ECB is due to decide next week on whether to extend beyond March its 1.74-trillion-euro bond-buying programme.

BUY GOLD DEC @ 28550 SL 28380 TGT 28720-28880. MCX.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

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Gold to trade in 28497-28933 range: Achiievers Equities

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