Mcx Full Independent Trading Guide

PRECIOUS-Gold steadies above 5-week lows as market rally pauses (Adds comment, updates prices) * SPDR gold holdings down 2.7 pct this year * Gold expected to hover above $1,283/oz support level - analyst * Market awaits ECB's policy meeting, U.S. non-farm payrolls data By K. Sathya Narayanan March 6  Gold prices steadied on Wednesday, after recovering from a more than five-week low in the previous session, supported by a pause in global equities' rally, while a firmer dollar curbed gains.Spo t gold was steady at $1,286.75 per ounce, as of 0528 GMT, after slipping to $1,280.70 in the previous session, its lowest since Jan. 25.U.S. GCv1 were up about 0.3 percent at $1,287.90 per ounce.Asian stocks held their ground on Wednesday as Chinese equities soared on stimulus hopes, although a resurgence in regional tensions capp ed broader gains. MKTS/GLOB is firming after the sharp fall as competing influences of the interest bearing assets are reversing. Bond yields have started

PRECIOUS-Gold steadies above 5-week lows as market rally pauses (Adds comment, updates prices) * SPDR gold holdings down 2.7 pct this year * Gold expected to hover above $1,283/oz support level - analyst * Market awaits ECB's policy meeting, U.S. non-farm payrolls data By K. Sathya Narayanan March 6  Gold prices steadied on Wednesday, after recovering from a more than five-week low in the previous session, supported by a pause in global equities' rally, while a firmer dollar curbed gains.Spo t gold was steady at $1,286.75 per ounce, as of 0528 GMT, after slipping to $1,280.70 in the previous session, its lowest since Jan. 25.U.S. GCv1 were up about 0.3 percent at $1,287.90 per ounce.Asian stocks held their ground on Wednesday as Chinese equities soared on stimulus hopes, although a resurgence in regional tensions capp ed broader gains. MKTS/GLOB is firming after the sharp fall as competing influences of the interest bearing assets are reversing. Bond yields have s