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.
Market Wrap:
•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:
GOLD (JUNE)
Trend: Consolidate | Strategy: Buy on dips
R1- 28780, R2- 29350| S1-28350, S2- 28050
For more frequent and recent updates on Commodity and MCX Market as wells as for sureshot MCX Tips ,Commodity tips and Bullion Premium Tips you may visit us at www.capitalheight.com/bullion-premium.php or call @ 0731-6615050..
No comments:
Post a Comment