Strengthening
of the rupee against the dollar had a big impact on the price of gold
today on 28th September 2012. Gold price in the domestic
market has come down to Rs 31300 While in international market, the
price is above $ 1780. Market is getting some indications from the
Indian Government that the Indian Rupee is expected to be strong in
the upcoming days. MCX Silver is in the bullish trend in the market
and is above the Price Level of 63000.
MCX Gold & Silver Trading
Strategies For The Day
October Contract of MCX Gold
mini is expected to trade in the range between 30860 and 31680. If
the gold goes up it will take the Resistance level at around 31680 &
If It goes down it will surely take the support level of 31860.
October Contract of MCX
Silver mini is expected to trade in the range between 64300 and
61300. If the Silver goes up it will take the Resistance level at
around 64300 & If It goes down it will surely take the support
level of 61300.
To Get Sure Shot MCX Gold Tips & MCX Silver Trading Tips along with the other commodities like copper, crude oil, lead, aluminium, nickel etc. on 2 days MCX tips Free Trial Basis from tomorrow 29 September to Monday 01 October.