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Achiievers Equities Daily Commodity Report

Achiievers Equities | 07 Jul, 2016  | Follow Author | Add to my Favourites 
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MCX Gold Aug 2016

- Gold trading range for the day is 31826-32600.

- Gold gains as a drop in stock markets after Britain's vote to leave the European Union prompted investors to seek out bullion as a haven from risk.

- Minutes from the Federal Reserve's June board suggested any move to raise interest rates this year will be set against global economic headwinds.

- Holdings in SPDR Gold Trust fell 0.03% to 982.44 tonnes, after posting he biggest oneday surge in its holdings in more than six years on Tuesday

- BUY GOLD AUG @ 31950 SL 31700 TGT 32150-32400.MCX

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About Achiievers Equities

Achiievers Equities is one of India’s leading financial conglomerates, offering complete financial solutions that encompass every sphere of life. They have expertise in advisory services for both cash and derivative sides of capital and commodity market and are also distributors of savings/investment instruments like Mutual Fund, Bonds, IPO, Corporate Fixed Deposits and Insurance.

For more information please contact [email protected]

Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor accept any liability whatsoever arising from the use of any of the above contents.

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