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.
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.
No comments:
Post a Comment