Gold climbed to a one-week high in New York, as concern that Europe’s
debt sovereign debt woes are deepening spurred demand for a haven
investment. Gold futures for June delivery rose 1 percent to settle at
$1,660.70 an ounce.

Prevailing buying favoritism likely to materialize  only by concrete
trades above 28480-500 region and such successful move may pull out
prices towards 28620/740. But failed attempts to break 28480 could
generate selling pressure towards 28310/220 or even lower 2810.

On current market we suggest to buy gold at.....

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