Friday, May 06, 2016

MCX Gold Trend | MCX Gold Trend Today | MCX Tips for tommorow


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Gold imports declined by almost 10%  to 950 tonnes in the 2015-16 fiscal on poor domestic sales due to jewellers' strike and lack of global price parity. The world's largest gold consumer had purchased 1,050 tonnes of gold from the overseas market in the preceding year.The central banks of India and Iran finally  reached to an arrangement to use European banks for processing the oil payments that are due to Tehran, India's Oil Minister Dharmendra Pradhan told Reuters, unlocking USD 6.4 billion in stalled funds

Expert's Call-

SELL Silver MCX  with Entry  41320  at Target 40900 and   Stop Loss  41550    
BUY Lead MCX with Entry  115.90   Target  118   and  Stop Loss 114.75