Thursday 4 February 2016

Best Mcx Market Trading Tips for Gold

Best Trading Tips on Mcx Market



Gold stayed near a three-month top on Thursday after marking its best day in two weeks as the US dollar slid after investors scaled back expectations for a near-term US interest rate increase. 

FUNDAMENTALS 

Spot gold was little changed at USD 1,141.01 an ounce by 0040 GMT, after rising as high as USD 1,145.60 on Wednesday, its loftiest since October 30. Gold rallied 1.2 percent overnight, the biggest single-day gain since January 20. 

US gold for April delivery was flat at USD 1,141.90 an ounce.

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