Gold MCX Trend
Gold was on under pressure on last trading session. Gold touched an intraday low of $1597/oz and closed at $ 1607/oz yesterday. On the MCX, Gold October declined around 2 percent and touched an intra-day low of Rs 25,608/10 gms on Wednesday. In today upcomein gtrading session we expect that gold will trade to the level of 25650.
MCX silver Trend
Yesertay trading last hours were not good for silver silver decline in last moment on MCX. COMEX Silver Dec futures fell by 4.45 percent to $30.134 per troy ounce yesterday from $31.536 per troy ounce the prior day. From this level of trading silver can move towards of 50750+ level.
Copper updates
Copper continue goes down from last session & expected more down for uncoming trading, Copper was the top loser on Wednesday as the metal declined more than 7 percent on the LME and almost 6.5 percent on the MCX. COMEX Copper Dec futures fell sharply by 5.61 percent to $3.2465 per pound yesterday from $3.4395 per pound the prior day amid weak economic data from U.S. and on stronger greenback.
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