According to Achiievers Equities, Gold dropped as the dollar rose after hawkish comments from a top Fed official.
Achiievers Equities' commodity report on Gold
Gold trading range for the day is 28449-28697.
Gold dropped as the dollar rose after hawkish comments from a top Fed official.
New York Federal Reserve President William Dudley reinforced expectations that the U.S. central bank will continue on its path of tightening monetary policy.
U.S. home building fell for a third straight month in May to the lowest level in eight months as construction activity declined broadly.SELL GOLD AUG 2017 @ 28650 SL 28750 TGT 28550-28450.MCX.
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