Friday 27 July 2012

Commodity: Silver Updates, Gold Trend and Copper Tips Today

MCX Gold Silver News and Updates

The international market precious metal silver is traded flat business, while gold is showing down trend. The slowdown of Gold and Silver has been down to domestic market today. Although tomorrow also gold and silver was traded lower side in whole day.
As Soon as market has started Silver were started positive Note, while Gold was noted positive in domestic market. Now MCX Silver is trading above 0.13 percent at Rs 53,285 and it has highest touched at Rs 53315 in September contract. MCX Gold is trading down 0.07 percent at Rs 29,772. MCX Gold is traded between 29750 to 29790.
MCX Gold major resistance is 29891.5. If this will be broke then next resistance is 29930.5. This resistance will be never break. Supporting zone of MCX Gold is 29679.2- 29591.4 for today.

MCX Gold Tips: Sell Gold between 29835 29870 and targets 29752 29720 29680stop Loss 29980.

MCX Copper Trading Tips 

Traders can Buy MCX Copper above 419.50 with Targets 420.60, 421.80, 423and Stop Loss 416.

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