Oct 18, 2016 12:33 PM IST IST | Source: Moneycontrol.com
Gold to trade in 29546-29814 range: Achiievers Equities
According to Achiievers Equities,Gold prices ended with small gains lifted by steady flows into exchange-traded funds and a dip in the dollar after touching seven-month highs.
Gold trading range for the day is 29546-29814.
Gold prices ended with small gains lifted by steady flows into exchange-traded funds and a dip in the dollar after touching seven-month highs.
Positive economic data from the U.S. usually puts pressure on bullion prices as investors raise bets on an interest rate hike.
Demand for gold from top consumer China will remain strong at around 900-1,000 tonnes next year.
SELL GOLD DEC @ 29850 SL 30000 TGT 29700-29550.MCX.
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