MTECHTIPS:- Gold to trade in 28171-28757 range: Achievers Equities

MTECHTIPS:- Gold to trade in 28171-28757 range: Achievers Equities

MTECHTIPS-Gold trading range for the day is 28171-28757. Gold prices fell as the metal’s safe-haven appeal was dampened amid a rally in global stock markets. Investors snapped up equities amid an improved corporate earnings outlook, reducing demand for safe-haven assets such as gold and government bonds. SPDR gold trust holdings dropped by 0.63% i.e. 5.04 tonnes to 799.07 tonnes from 804.11 tonnes. SELL GOLD FEB 2017 @ 28320 SL 28480 TGT 28220-28080 .MCX

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