Rising concerns with respect to Euro Zone debt worries will lead to rise in risk aversion in the global markets.
On account of this, we expect the US dollar to remain strong today.
Taking cues from this we expect gold and silver to trade lower today.
MCX Gold Apr’12 Rs/10 gms support: 28000-27900 resistance: 28230-28350
MCX Silver Mar'12 Rs/kg support: 56000-55500 resistance: 57050-57500
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