MCX Trade Tips

Last day Of Week At 14:09 hrs MCX GOLD June contract was trading at Rs 28940.00 down Rs 208.00, or 0.71%. It touched an intraday gold high of Rs 29130.01 and an intraday low of Rs 28915.00. So far 2750 contracts have been traded. More Information about Free mcx gold price visit my site mcx-trade-tips.blogspot.com

MCX Gold dipped to a one-week low on Wednesday, tracking a weaker euro on heightened worries about the euro zone debt crisis as Spain's borrowing costs spiralled towards unsustainable levels. More Information about MCX tips visit my site mcx-trade-tips.blogspot.com

MCX Gold tracked the euro lower on Friday en route to its weakest monthly performance since December, pushed down by fears the debt crisis in Europe could spiral out of control and trigger a global economic slowdown. More information about free mcx tips visit my site mcx-trade-tips.blogspot.com

Spot MCX Gold extended its previous session’s spiky sell off, undermined by a strong US dollar and concerns over the outcome of Euro Union meeting this week. In today’s early trade, the Euro edged lower near around four month lows while the dollar surged and hit a 20 month crest against most of its peers.

Investor worries over a possible exit of Greece from the Euro region and its impacts on the global economy pressurized the currency and raised the safe haven appeal of US dollar. More Information about gold tips for today visit my site mcx-trade-tips.blogspot.com