Moneycontrol
Oct 19, 2016 03:48 PM IST IST | Source: Moneycontrol.com

Gold to trade in 29609-29929 range: Achiievers Equities

According to Achiievers Equities,Gold prices ended higher as a pullback in the U.S. dollar from a seven-month peak boosted the appeal of the precious metal.

Achiievers Equities report on Gold

Gold

Gold trading range for the day is 29609-29929.  

Gold prices ended higher as a pullback in the U.S. dollar from a seven-month peak  boosted the appeal of the precious metal.  

Fed Vice Chair Stanley Fischer said the U.S. central bank is "very close" to its employment  and inflation targets.  

Overall gold holdings in ETFs at 57.433 m illion ounces  are up more than 2 percent since  Sept. 15.   

BUY GOLD DEC @ 29700 SL 29550 TGT 29850-30000.MCX. 

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