According to Achiievers Equities, Gold slipped as investors took stock of U.S. President Donald Trump's first policy moves and a recovery in the dollar from recent lows.
Achiievers Equities' report on Gold
Gold trading range for the day is 28641-28843.
Gold slipped as investors took stock of U.S. President Donald Trump's first policy moves and a recovery in the dollar from recent lows.
U.S. home resales fell more than expected in December as the supply of houses in the market dropped to levels last seen in 1999.
Holdings of SPDR Gold Trust, fell 0.37 percent to 804.11 tonnes on Tuesday from 807.07 tonnes.
SELL GOLD FEB @ 28800 SL 29000 TGT 28660-28500. MCX.
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First Published on Jan 25, 2017 12:07 pm