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Last Updated : Dec 14, 2016 12:40 PM IST | Source: Moneycontrol.com

Gold to trade in 27380-27726 range: Achiievers Equities

According to Achiievers Equities, Gold dipped slightly ahead of key two-day meeting of U.S. Fed that is expected to deliver the second interest rate rise in a decade.

Achiievers Equities' report on Gold

Gold trading range for the day is 27380-27726.  

Gold dipped slightly ahead of key two-day meeting of U.S. Fed that is expected to deliver  the second interest rate rise in a decade.  

Fed’s Charles Evans said that it was “still early to have a good idea of what fiscal policies  and other events are going to mean.”  

Reflecting lacklustre sentiment, holdings of the SPDR Gold Trust, holdings are down over 9  pct since November.  

BUY GOLD FEB @ 27450 SL 27320 TGT 27580-27720. MCX. 

For all commodities report, click here

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First Published on Dec 14, 2016 12:40 pm
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