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GOLD TECHNICAL VIEW
Gold prices in domestic futures tested historical highs in absolute as well as in percentage terms as MCX Gold rallied towards high 35074 per 10 gms on 28th August 2013 which is almost Rs. 7000/10 gms or 25% higher than last month close of 28207/10 gms.Monetary Policy Review 2013
The RBI Governor has chosen to come with a very mixed policy; we have a rate cut and a rate hike in the same document. However, the market is treating it as a rate hike rather than a rate cutCommodity Technical Analysis for 2nd Week September 2013
Gold and silver futures posted the biggest weekly drops since June on speculation that the Federal Reserve will cut fiscal stimulus next week.