Last Updated :
February 07, 2012 15:00
MCX gold edges higher, resistance at Rs.28041-28146:Angel
Mixed sentiments in the global markets due to ongoing worries over Euro Zone debt crisis will lead to strength in the US dollar.
On account of this, we expect gold and silver to trade with a negative bias today.
Silver will also take cues from movement in base metals.
However, any positive news from the Euro Zone from may lead to reversal in the markets.
MCX Gold Apr’12 Rs/10 gms support:27820/27702 resistance:28041/28146
MCX Silver Mar'12 Rs/kg support:56210/55880 resistance:56750/57080
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NCDEX SILVERSEP2012 03 September 2012
contract was trading at
Rs 0 . What's your view on it?
