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Gold to trade in 30813-31473 range: Achiievers Equities

According to Achiievers Equities,Gold dropped as the dollar stren thened and markets looked ahead to a speech by Federal Reserve Chair Janet Yellen.

August 25, 2016 / 03:59 PM IST

Achiievers Equities report on GoldGoldGold trading range for the day is 30813-31473.   Gold dropped as the dollar stren thened and markets looked ahead to a speech by Federal  Reserve Chair Janet Yellen.  Data showed new U.S. single-family home sales unexpectedly rose in July, reaching their  highest level in nearly nine years as demand increased broadly. Fed Chair Yellen may provide fresh clues on the timing of the next U.S. rate hike at a  speech during an annual meeting of centra  SELL GOLD OCT @ 31300 SL 31550 TGT 31120-30880.MCX.For all commodities report, click hereDisclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

first published: Aug 25, 2016 03:59 pm

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