Tuesday, 8 September 2015

Gold moves sideways looking for next trigger

After a steady rally in early part of August, the gold futures contract traded on the Multi Commodity Exchange (MCX) has been vacillating sideways in the band between Rs 26,200 and Rs 27,000 per 10 gm for more than a week. Currently, the contract trades around Rs 26,563. The contract trades slightly above its 21- and 200-day moving averages...Read More

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