Moneycontrol
Nov 30, 2016 12:46 PM 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


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.

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.
Sections
Follow us on
Available On