Tuesday, June 12, 2012

MCX BULLION TIPS ~ GOLD SILVER UPDATES

MCX GOLD TREND
On the domestic front, prices increased by 0.7 percent on account of depreciation in the Indian Rupee and closed at Rs.29,765/10 gm after touching an intra-day high of Rs.29,784/10 gm on Monday.
MCX Gold Support and Resistance :- Support :- 29600/29450, Resistance :- 29850/29950

SILVER OUTLOOK
On the MCX, July Silver contract rose by 0.7 percent on the back of depreciation in the Indian Rupee and closed at Rs.54,694/kg after touching an intra-day high of Rs.54,940/kg in yesterday’s trading session.
MCX Silver Support and Resistance :- Support :- 54300/53900, Resistance :- 54900/55200

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