MCX Daily Newsletter | Gold and Silver Prediction Today 24 May 2011

• GOLD RISES TO NEAR TWO-WEEK TOP ON EURO ZONE DEBT WOES.
• OIL DECLINES AMID CONCERNS OVER U.S. ECONOMIC GROWTH, GREEK DEBT DEFAULT.
• COPPER DOWN ON DOLLAR, EURO ZONE DEBT WOES.
• DOMESTIC OIL SEED AND EDIBLE FUTURES OIL TRADE LOW. MCX Silver News 60000 Click Here

Gold climbed to its highest level in nearly two weeks .

Euro tumbled to a two-month low against the dollar.

Oil prices fell on Monday.

Copper down on euro zone debt worry .

Nickel falls nearly 5 % .

MCX Commodities 

Gold climbed to its highest level in nearly two weeks on Monday after a raft of unsettling news on indebted euro zone nations such as Greece and Italy dented investor confidence. Crude oil futures slipped more than $3 on Monday due to the peripheral euro zone's debt crisis, which pushed the dollar to a two-month high versus the euro and knocked broader equity markets lower. LME copper fell back below the 200-day moving average around $8,820. 

MCX Gold and Silver FREE Tips on Mobile Click Here