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Monday, 13 August 2012
Gold and silver are being in a slight up edge in the international market. There has been a huge demand for the precious metals in the market all around the globe. At Comex the gold is trading at 1,622.75 with a positive note of 0.15 percent.Last week the gold at mcx the closed above Rs 30,000 while after falling the mcx silver closed at 53,485.Investors are now eyeing the US GDP figure for the Q2 which is likely to show the world's largest economy grew at its slowest pace in a year.
Gold and silver are being in a slight up edge in the international market. There has been a huge demand for the precious metals in the market all around the globe. At Comex the gold is trading at 1,622.75 with a positive note of 0.15 percent.Last week the gold at mcx the closed above Rs 30,000 while after falling the mcx silver closed at 53,485.Investors are now eyeing the US GDP figure for the Q2 which is likely to show the world's largest economy grew at its slowest pace in a year.
MCX Gold Trading Tips For 13 August 2012
Technically the gold in
mcx commodity market is most likely to take the support of Rs.
29882.25 and the resistance of Rs. 30,170 on Monday's trade i.e. 13
August 2012.
MCX Silver Trading Strategy For 13 August 2012
MCX Silver September
will be a buy call between 53,420-53,360, with a stop loss of
-52,860, and Target between -54,120/55,050. These above level may be
taken for the weekly outlook too.
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