Market Update

Market Watch

Tuesday, 4 March 2014

MCX Market: Today Gold Holds Near 4-month High

Gold held near its strongest level in four months on Tuesday after Russia's military intervention in Ukraine prompted safe-haven buyer as investors ditched assets perceived as riskier such as equities. 

Spot gold was little changed at $1,349.96 an ounce 2359 GMT after rising as high as $1,354.80 on Monday, the strongest level since late October.
Today’s Gold Trend:
Trend: Consolidate | Strategy: Buy on dips
R1- 30880, R2- 31250| S1-30150, S2- 29780

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