Gold to trade in 28734-29096: Achiievers Equities
According to Achiievers Equities, Gold prices traded in the range as investors prepared for a rate hike by the Federal Reserve.
June 14, 2017 / 01:08 PM IST
Achiievers Equities' commodity report on Gold
Gold trading range for the day is 28734-29096.
Gold prices traded in the range as investors prepared for a rate hike by the Federal Reserve.
The Federal Reserve at its two-day policy meeting, at which it is widely expected to raise the fed funds target range by a quarter point.
The U.S. central bank will release its latest forecasts for economic growth and interest rates, known as the "dot-plot".
SELL GOLD AUG 2017 @ 29050 SL 29220 TGT 28880-28750.MCX.
For all commodities report, click hereDisclaimer: 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.