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Last Updated :May 25, 23:29 IST
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33580     (-330)
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Last Updated : February 13, 2012 15:45
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MCX gold declines, resistance at Rs.28445-28620: Angel

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We expect gold and silver to trade higher today on account of a weaker dollar coupled with revival in the markets due to easing concerns over Europe’s debt crisis.

Silver being an industrial metal will also take cues from movement in base metals.

MCX Gold Apr’12 Rs/10 gms support: 28075/27875 resistance: 28445/28620

MCX Silver Mar'12 Rs/kg support: 56405/55890 resistance: 57400/57880

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MCX COTTON 29 mm 31 May 2012 contract was trading at Rs 18750 , down Rs. -130 . What's your view on it?
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