Market Update

Market Watch

Wednesday, 19 March 2014

Latest MCX Bullion Tips and News by Money CapitalHeight

Gold edged up on Wednesday after dropping for the past two sessions, but caution ahead of a policy decision by the U.S. Federal Reserve kept a lid on gains.
MCX GOLD April contract was trading at Rs 30185 down Rs 20, or 0.07 percent. The GOLD rate touched an intraday high of Rs 30222 and an intraday low of Rs 30161.
Cash gold added $2.36 to $1,358.00 an ounce by 0310 GMT.
Trend: Consolidate | Strategy: Buy on dips
R1- 30780, R2- 31150| S1-30050, S2- 29680

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