Rising concerns with respect to global economic growth 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: 28383/28242 resistance: 28597/28690
MCX Silver Mar'12 Rs/kg support: 56910/56400 resistance: 57494/57965
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