Last Updated :
January 13, 2012 14:45
MCX gold declines, resistance at Rs.27704-27776 :Angel
Gold is expect to trade lower today, as fall in crude oil prices will affect inflation-led demand for gold.
But sharp decline will be ushioned due to a weaker dollar. Silver is expected to trade with a sideways bias today, taking mixed cues from movement in gold prices and base metals pack and a weaker dollar
MCX Gold Feb’12 Rs/10 gms support:27465/27285 resistance:27704/27776
MCX Silver Mar'12 Rs/kg support:52125/51858 resistance:52924/53245
Courtesy:Angel Commodities
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MCX GOLD.995 05 June 2012
contract was trading at
Rs 28259 , up Rs. 139 . What's your view on it?
