EPIC RESEARCH MCX GOLD UPDATE OF 27 JANUARY 2017

Posted by aditi on 12:28:00 with No comments
Gold trading range for the day is 28171-28757. Gold prices fell as the metal’s safe-haven appeal was dampened amid a rally in global stock markets. Investors snapped up equities amid an improved corporate earnings outlook, reducing demand for safe-haven assets such as gold and government bonds. SPDR gold trust holdings dropped by 0.63% i.e. 5.04 tonnes to 799.07 tonnes from 804.11 tonnes.

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