Nov 30, 2016 12:46 PM IST IST | Source: Moneycontrol.com
Gold to trade in 28236-28874 range: Achiievers Equities
According to Achiievers Equities, Gold fell on expectations of a Federal Reserve rate hike and as the dollar extended its bull run against the yen.
Achiievers Equities report on Gold
Gold trading range for the day is 28236-28874.
Gold fell on expectations of a Federal Reserve rate hike and as the dollar extended its bull run against the yen.
Gold premiums in top consumer China jumped to the highest in nearly three years this week on worries over a supply shortage.
SPDR gold trust holdings dropped by 0.73% i.e. 6.53 tonnes to 885.04 tonnes from 891.57 tonnes.
BUY GOLD DEC @ 28500 SL 28320 TGT 28650-28800. MCX.
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