Wednesday, 13 June 2012

Commodity MCX Gold Silver Update

Gold and Silver Update:
In the international market gold and silver is a declining trend. Domestic market is now beginning to dull gold and silver. However gold is trading above Rs 30,027. The silver is grossly at Rs 55 140. but over all trend is consolidate you may sell gold below 29950 and go short position on silver below 54850. 

Copper News: 
Global copper demand appears more robust than the market thought, as reflected by preliminary Chinese import statistics for May, Thus Chinese copper imports actually increased by around 52% year-on-year


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