Mcx Full Independent Trading Guide

PRECIOUS-Gold prices steady below 3-wk high as stock markets rise * Gold up 0.7 percent so far this week * Getting good support at $1,300/oz level -analyst * Platinum, palladium up 3 pct so far this week * Asian shares hit 6-1/2-mth highs after upbeat U.S. data (Updates prices) By K. Sathya Narayanan March 22 Gold was steady on Friday below a three-week peak hit the day before, pressured by rising stock markets but remaining on track for a third straight weekly gain after the U.S. Federal Reserve said there would be no further interest rate hikes this year.Spot gold was up about 0.1 percent at $1,310.38 per ounce as of 0617 GMT, while U.S. GCcv1 gained 0.2 perc ent to $1,310 an ounce.Spot prices rose to their highest since Feb. 28 at $1,320.22 on Thursday, before paring gains to end the day down 0.2 percent. "There was lot of profit-taking in gold after yesterday's big jump and investors went into equity markets," said Brian Lan, managing director at dea...

PRECIOUS-Gold eases on firm dollar; markets await Fed guidance Palladium trades near record peak hit on Tuesday * Platinum rose over 1 pct to over two-week high * U.S. Fed due to make rate announcement at 1800 GMT (Adds comments, updates prices) By K. Sathya Narayanan March 20 Gold prices dipped on Wednesday, after posting gains in the previous three sessions, as the dollar gained ground ahead of an interest rate decision by the U.S. Federal later in the day.Spot gold was down about 0.1 percent at $1,304.85 per ounce, as of 0428 GMT, trading in a narr ow $3 range. U.S. GCcv1 dipped about 0.2 percent to $1,304.60 an ounce."The firm dollar and gains in equities are headwinds for gold today and currently the risk appetite is slightly high," said Benjamin Lu, analyst with Singapore-based Phillip Futures. Asian shares were trading near six-month highs ahead of a policy decision by the U.S. Federal Reserve. MKTS/GLOBThe Fed is due to make its rate announcement at 1800...