Dec 02, 2016 11:35 AM IST IST | Source: Moneycontrol.com
Gold to trade in range of 27698-28342 : Achiievers Equities
According to Achiievers Equities Gold fell as a surge in oil prices boosted bond yields, denting interest in non-yielding gold as an alternative investment.
Achiievers Equities' report on Gold
Gold trading range for the day is 27698-28342.
Gold fell as a surge in oil prices boosted bond yields, denting interest in non-yielding gold as an alternative investment.
Fed: US economy continued to expand across most regions, 7 saw tightening job conditions.
SPDR gold trust holdings dropped by 1.54% i.e. 13.64 tonnes to 870.22 tonnes from 883.86 tonnes.
BUY GOLD FEB @ 27900 SL BELOW 27760 TGT 28060-28220. MCX.
For all commodities report, click here
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.