Gold fell half a percent on Monday after posting last week its biggest weekly drop since November on the prospect of a U.S. interest rate hike in early 2015 that has boosted the dollar and dented the metal's appeal as a hedge against inflation.
SPDR Gold Trust, the world's largest gold-backedexchange-traded fund, said its holdings rose 0.52 percent to 816.97 tonnes.
Today’s Trends on Gold:
GOLD (APR)
Trend: Consolidate | Strategy: Buy on Dips
R1- 30280, R2- 30550| S1-29550, S2- 29180
GOLD (APR)
Trend: Consolidate | Strategy: Buy on Dips
R1- 30280, R2- 30550| S1-29550, S2- 29180
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www.capitalheight.com/bullion-premium.php .
www.capitalheight.com/bullion-premium.php .
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