MTECHTIPS:-Gold to trade in 28398-29088

MTECHTIPS:-Gold to trade in 28398-29088

MTECHTIPS-Gold trading range for the day is 28398-29088. Gold prices rose as investors piled into safe haven assets amid intensifying tensions between U.S. and North Korea, with Pyong yang saying it is considering plans to attack Guam. Comments came on the back of a report that the hermit state had created a miniaturized nuclear weapon that could fit in its missiles. With no major economic reports, market players looked ahead to monthly inflation indicators due later in the week for fresh clues on the timing of the next Fed rate hike. BUY GOLD OCT 2017 @ 28840 SL 28700 TGT 28960-29100. MCX

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