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Wednesday, December 14, 2011

Commodity Gold and Slver Updates Today

MCX Gold has been in decline mode from beginning of today's trade.  Gold on MCX with the decline of more than half per cent, is trading around Rs 28660. Comex Gold in the international market also has plummeted to $1,650. Despite record growth in rupee against the dollar, weakness is not getting back to sleep. Silver trend is negative and nealy 1% decline hase been seen in domestic market, with silver trading near Rs 56000 level. Traders can sell silver below 56000 level while above 56200 Silver may witness some upside.
 
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