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Tuesday, 31 January 2017

Take Advantage Of Gold - Read MCX Free Tips

Gold rises as Trump policy fuels safe haven demand 

Gold rose on Tuesday on increased safe haven demand as US President Donald Trump's tough stance on immigration rattled global markets, with prices finding further support from a weaker dollar. 

MCX Free Tips Traders were also awaiting the US Federal Reserve's two-day meeting on monetary policy starting on Tuesday for cues on US interest rate hikes. 

Spot gold rose 0.4 percent to USD 1,200.00 per ounce by 0307 GMT, while US gold futures edged up 0.5 percent to USD 1,199.6. 

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In other precious metals, spot silver was up 0.2 percent, at USD 17.14 per ounce, while platinum edged up by 0.5 percent, to USD 990.30. 

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Target1- 112.10,
Target2- 113.50,
StopLoss BELOW 109.50.

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