At the Multi Commodity Exchange of India (MCX), Gold and Silver are trading up on Thursday subsequent to US Fed statement hinted at possible monetary easing if needed.
MCX NCDEX Free Tips
Best Intraday MCX Tips for trading Read More ...
We are Best service provider for MCX TIPS Read More ...
Fill the form and get free tips for gold and silver today Read More ...
At the Multi Commodity Exchange of India (MCX), Gold and Silver are trading up on Thursday subsequent to US Fed statement hinted at possible monetary easing if needed.
According to our "MCX Tips" Experts the prices are constantly trading above 5 quarter EMA (Exponential Moving Average) from year 2005 to till date. MCX Prices are having good support at Rs 27210 levels and strong resistance at Rs 31566 levels. Recommendation is to buy Gold in any form in Futures (In MCX) or Gold ETF (In NSE) for the target of Rs 31210 / Rs 31578. On the MCX, Gold June contract rose around 0.5 percent as a weaker Rupee led gain on the domestic platform and touched an intra-day high of Rs.28,873/10 gm.
MCX GOLDGUINEA April contract was trading at Rs 23119.00 up Rs 62.20, or 0.27% and touches an intraday high of Rs 23080.00 and an intraday low of Rs 22964.00. So far 5784 contracts have been traded.
MCX SILVERMIC April contract was trading at Rs 56290.00 up Rs 109.00, or 0.19% and touches an intraday high of Rs 56294.00 and an intraday low of Rs 55990.00. So far 35465 contracts have been traded.
MCX GOLD April contract was trading at Rs 28843.00 down Rs 3.01, or 0.11% and touches an intraday high of Rs 28841.00 and an intraday low of Rs 28820.00. So far 29157 contracts have been traded. More Information about Free mcx gold visit my site mcx-trade-tips.blogspot.com
Silver rises, MCX silver resistance at Rs.53810
Silver under pressure, MCX resistance at Rs.52760
MCX Silver weakens, resistance at Rs.53240-53343
Silver is in demand more and more as manufacturing and raw silver are needed, increases its level something that was previously held back by economic strain. Silver is on par to keep up rises due to upturn of the economy as well as ongoing investors driving up the price of gold. Silver could very easily surpass previous year’s high of $50 an ounce in the near future through improved investments and an economic rebound in the leading countries.
Silver under pressure, MCX resistance at Rs.52760
MCX Silver weakens, resistance at Rs.53240-53343
Silver is in demand more and more as manufacturing and raw silver are needed, increases its level something that was previously held back by economic strain. Silver is on par to keep up rises due to upturn of the economy as well as ongoing investors driving up the price of gold. Silver could very easily surpass previous year’s high of $50 an ounce in the near future through improved investments and an economic rebound in the leading countries.
MCX GOLD June contract was trading at Rs 28548.00 up Rs 19.20, or 0.07%. And touches an intraday high of Rs 28515.00 and an intraday low of Rs 28458.00. So far 8496 contracts have been traded.
MCX GOLD August contract was trading at Rs 28854.00 up Rs 18.00, or 0.07% and touches an intraday high of Rs 28808.00 and an intraday low of Rs 28785.00. So far 192 contracts have been traded.
MCX GOLD August contract was trading at Rs 28854.00 up Rs 18.00, or 0.07% and touches an intraday high of Rs 28808.00 and an intraday low of Rs 28785.00. So far 192 contracts have been traded.
Our MCX Tips Experts has come out with weekly technical report for the period of 09.04.2012 to 13.04.2012. MCX Gold June can sell between Rs 28450-28500 with stop loss of Rs 28700 for target of Rs 27890. More information about free mcx tips visit my site mcx-trade-tips.blogspot.com
MCX Gold and Silver Trend For Today:
Silver bulls might be hoping that the metal's healthy first-quarter price go up is the first step back towards record highs. Not so fast. Its advocates say silver, which grab a middle ground between the industrial metals like copper and investment vehicles like gold, can benefit both from the hatching economic recovery that is lifting copper and from the investment that is driving gold.
Silver bulls might be hoping that the metal's healthy first-quarter price go up is the first step back towards record highs. Not so fast. Its advocates say silver, which grab a middle ground between the industrial metals like copper and investment vehicles like gold, can benefit both from the hatching economic recovery that is lifting copper and from the investment that is driving gold.
MCX Silver May contract opened higher hitting a high of Rs 56989, but has moved down ever since and is currently trading at Rs 56780, down 0.10% and COMEX silver contracts are also trading down.
Silver markets predicts have cooled off and there shortage of any interest for investing in silver. And this absence of any major fundamental news might turn investors to look for technical opportunities. Our Experts has recommended a buy signal on Silver for intraday trade on Monday
MCX silver May support Rs 55858/Rs 56320 , resistance Rs 57360/Rs 57989
Silver markets predicts have cooled off and there shortage of any interest for investing in silver. And this absence of any major fundamental news might turn investors to look for technical opportunities. Our Experts has recommended a buy signal on Silver for intraday trade on Monday
MCX silver May support Rs 55858/Rs 56320 , resistance Rs 57360/Rs 57989
"MCX Gold and Silver Updates Tips For Day"
The Gold demand from India, the world's biggest buyer of the yellow metal, stayed muted as jewelers’ protests entered their thirteenth day. The Buying is very dull... jewelers are waiting for something positive to happen from the government. Indian jewelers, who started their strike on March 17, have been demanding removal of excise duty on unbranded jewellery and partial removal of import duty that was proposed in the budget.The Gold for April delivery on the Multi Commodity Exchange (MCX) was flat at 28,196 rupees per 10 grams. Silver for April delivery was also steady at 56,617 rupees per kg. More Information about MCX Gold Tips visit my site mcx-trade-tips.blogspot.com
