RAJATHEE SURESHOT CALLS

RAJATHEE SURESHOT CALLS
OPERATOR CALLS STOCK FUT - CASH TRADING CALLS - DAILY 3 CALLS (ALL OPEN IN ONE TIME) PAID TRAIL RS.5,000 WE GIVE DAILY SWING Trading Calls In Fut-Cash Calls Service_ INTRA DAY 2 TO 3 CALLS ALL OPEN IN ONE TIME ALL FOLLOW UP. ENTRY, EXIT, PROFIT BOOKING SL HIT ALL INFORM FROM OUR HIGH SPEED SMS SERVERS To your mobile sms inbox with in 30seconds TO JOIN CALL.ME, 09952772333

Wednesday, April 24, 2013

Gold in India is expected to go higher due to weaker rupee and local physical demand on upcoming festival of Akshaya Tritiya/ rajathee.com



Gold in India is expected to go higher due to weaker rupee and local physical demand on upcoming festival of Akshaya Tritiya/ rajathee.com

 

Precious Metals:

 

US Gold futures hit a high of USD 1,427.3 an ounce, up 2.3 percent from the previous close of USD 1,395.60. The June delivery was USD 1,423, up almost 2 percent.

Physical buying from Asia due to lowered prices helped regain momentum in gold. But sentiments were still shaky as gold backed ETF kept on falling further showing the weakness in physical buying.

SPDR Gold Trust, the world's largest gold-backed exchange traded fund, said its holdings fell 1.63 percent to 1104.71 tonnes on Monday from 1123.06 tonnes on Friday.

Gold prices can go higher as bargain hunting due to drop in gold prices is still seen in the market, this can support the prices for bullions for few days. However overall sentiment is still looking weaker as lack of physical demand in ETF can pressurize the prices.

Gold in India is expected to go higher due to weaker rupee and local physical demand on upcoming festival of Akshaya Tritiya.

 

Posted by at