Gold Trend
Gold is expected to trade in lower side, in intraday session there is no correction seems. COMEX Gold Dec futures fell by 0.38 percent to $1,695.9 per troy ounce from $1,702.4 per troy ounce the prior day. Investment demand for the yellow metal remained unchanged yesterday at SPDR Gold ETF as the investors waited to get more direction owing to closing of the U.S. Markets today in the wake of Thanks Giving Day and also on mixed economic data dissipated from U.S. yesterday.
Silver Trend
The white metal touched an intra-day high of $32.20/oz and was trading at $32/oz till 4.45 pm IST. MCX Silver December contract declined more than 0.6 percent due to Rupee appreciation and touched an intra-day low of Rs55,126/kg till 4.45 pm IST today. Silver is in under pressure affected form global demand as well as domestic demand.
We provide all mcx tips, mcx commodity tips, gold trend, commodity updates, silver tips for all Indian commodity tips - Click Here
