Commodity Tips :- Gold Trading Range For The Day Is 31069-31469

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Gold on MCX settled up 0.58% at 31298 as markets assessed the possible consequences of a U.S.-led missile strike against Syria over the weekend. The United States accused Russia of blocking international inspectors from reaching the site of a suspected poison gas attack in Syria and said Russians or Syrians may have tampered with evidence on the ground.

 

Trading Ideas:

 

* Gold trading range for the day is 31069-31469.

 

* Gold remained supported as markets assessed the possible consequences of a U.S.-led missile strike against Syria over the weekend.

 

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

 

* Speculators raised their net long positions in COMEX gold contracts by 363 contracts to 138,212 contracts, U.S. CFTC data showed. 

 

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

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