Commodity Tips :- Gold Trading Range For The Day Is 30731-31471

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Gold on MCX settled down -1.13% at 31002 as the stronger dollar weighed and fears over escalating tensions in Syria cooled, but remained on investors’ minds. New applications for U.S. unemployment benefits fell last week, pointing to sustained labor market strength despite a sharp slowdown in job growth in March.

 

Trading Ideas:

 

* Gold trading range for the day is 30731-31471.

 

* Gold prices fell as the stronger dollar weighed and fears over escalating tensions in Syria cooled, but remained on investors’ minds.

 

* Rising geopolitical tensions pulled focus away from fears over a U.S.-China trade war, which had gripped global financial markets in recent weeks.

 

* The Fed’s March meeting showed that officials believe that the economy will continue to firm and that inflation will rise towards their 2% target in the coming months.

 

Get Daily Commodity Tips So Give A Missed Call @ 9039001060 And Like This Page >> Investment Visor.

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