Free trial

Tuesday, November 27, 2012

MCX GOLD TREND

MCX Gold prices yesterday increased all time high of Rs. 32,950/10gms on solid demands from stockists and retailers for fulfilling the rising requirements for wedding season. The previous all time high of Gold prices was Rs 32,900 seen on September 14. Experts says that the reason for turning Gold demand Bullish is due to ongoing wedding season and rupee weak strength against US dollar. 
The Indian rupee declined to 55.61 against dollar demand from banks and importers. The gold had gained Rs 450 in last three trading sessions. Similarly Silver also rose by Rs 200 to Rs 63,200/kg yesterday. Silver ready strengthened by Rs 200 to Rs 63,200/kg and weekly based delivery by Rs 340 to Rs 63,860/kg. 

MCX GOLD LEVELS FOR TODAY

Support – 32230.00, 32102.00, 31985.00
Resistance – 32475.00, 32592.00, 32720.00

MCX SILVER LEVELS FOR TODAY

Support – 63258.00, 62783.00, 62341.00
Resistance – 64175.00, 64617.00, 65092.00

ACCURATE TIPS ON GOLD AND SILVER WITH 85% ACCURACY. TRY OUR FREE TIPS TO CHECK OUR ACCURACY LEVEL.