MCX Gold Trend
Investment demand still held unchanged yesterday even after a sell off seen in the markets and holdings at SPDR Gold ETF remained unchanged yesterday. Gold is expected to trade lower today, as easing concerns over Euro Zone debt worries will reduce demand for the yellow metal. But, a weaker dollar may help cushion sharp fall in prices.
MCX Silver Updates
Silver prices dropped around 2 percent today till 4.45 pm IST, on the back of fall in gold prices along with downside in base metals. The white metal touched an intra-day low of $30.41/oz and was trading at the level of $30.61/oz till 4.45 pm IST. On the MCX, Silver December contract traded lower by almost 1 percent and was hovering around Rs51,755/kg till 4.45 pm IST. COMEX Silver Dec futures also fell along with Gold futures and they closed down by 1.74 percent to $31.277 per troy ounce from $31.831 per troy ounce the prior trading day.
We provide you all MCX Commodity tips, - Click Here. For all free mcx tips, copper tips, gold tips, silver tips, free commodity tips, mcx live & Gold mcx trend check daily blog.
