GOLD @ $ 1223.50 =
While India look poised to overtake China as World's largest consumer of gold due better economic condition, but Indian growth needs to climb 7 pct and beyond to remain on top. This drop could be due to economic slow down in China, but one cannot ignore the fact that Chinese Central Bank is making every effort to push up its…Continue
Softer US payroll data was certainly against market expectations. But batch of US data released earlier from USA was clearly hinting weak jobs report, though it is believed that severe winter could be the spoiler, also hitting construction business badly.
It is expected that change in weather condition in coming months will help US economy to pick its lost pace in the 2ndquarter and so will jobs numbers. Despite poor…Continue