EPIC RESEARCH MCX GOLD UPDATE OF 3 AUGUST 2016
Posted by Unknown on 11:44:00 with No comments
Gold trading range for the day is 31337-32083.
Gold rose as
shares fell and the dollar hit its lowest in over a month after last
week's soft U.S. growth data dented expectations for a near-term
interest rate hike.
The Federal Reserve should be cautious on interest rate increases due to lingering risks to the U.S. economy, New York Fed President William Dudley said.
SPDR gold trust holdings gained by 0.62% i.e. 5.94 tonnes to 969.97 tonnes from 964.03 tonnes.
For more Accurate MCX TIPS ✆ – 0731-6642300
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Gold rose as
shares fell and the dollar hit its lowest in over a month after last
week's soft U.S. growth data dented expectations for a near-term
interest rate hike. The Federal Reserve should be cautious on interest rate increases due to lingering risks to the U.S. economy, New York Fed President William Dudley said.
SPDR gold trust holdings gained by 0.62% i.e. 5.94 tonnes to 969.97 tonnes from 964.03 tonnes.
For more Accurate MCX TIPS ✆ – 0731-6642300
Connect with our social media sites
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