Today, we expect gold and silver prices to trade lower, as worries with respect to Greece rise and this could lead to risk aversion in the global markets today.
Additionally, a stronger dollar will also exerted further downside pressure on prices.
MCX Gold Feb’12 Rs/10 gms support: 27414/27310 resistance: 27600/27700
MCX Silver Mar'12 Rs/kg support: 55035/54450 resistance: 55870/56290
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