Monday, 21 April 2014
Latest MCX Tips and Market Wrap by Money CapitalHeight
Gold edged higher on Monday as heightened tensions in Ukraine sparked some safe-haven buying, but fund outflows and weak physical demand continued to cloud the metal's outlook.
Spot gold had gained 0.5 percent to $1,300.21 an ounce by 0026 GMT.
•Gold futures for June delivery fell 0.7 percent
•Silver futures for May delivery fell 0.2 percent to $19.59
•Consumer confidence rose from a nine-week low
•Copper climbed from the lowest level
•Natural gas moves up almost 5 %
Stock Tips for Today:
Trend: Consolidate | Strategy: Buy on dips
R1- 28780, R2- 29350| S1-28350, S2- 28050
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