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Wednesday, May 11, 2011

MCX Gold and Silver Market Updates | Tips For Today Intraday

Gold: Buy - 22250, Stoploss - 22150, Target - 22400
Silver: Buy - 59000, Stoploss - 58800, Target - 60300

Base Metals huge ups - and downs is visible. After the initial strength Metals is dowing, including copper. 1.5 per cent fall in nickel. due to rising inflation pressure is visible in China .MCX Silver 80000 Click Here

Silver prices have gone up strongly again. On MCX, silver is close to Rs 60,000. Gold is strong in trading.

Silver and gold in today's rapidly returned. COMEX across the gold and silver of $ 1520 has reached out to $ 39. Silver in the domestic market is trading close to Rs 60,000. Greece debt problems and increasing crude oil prices due to the trend of investors to precious metals is increasing again.

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MCX Support and Resistance for today 11 may | MCX bullion Tips|MCX Silver and gold Tips

MCX Support and Resistance for today 11 may | MCX bullion Tips|MCX Silver and gold Tips

MCX Support and Resistance for today 11 may | MCX bullion Tips


  • GOLD MAY ADVANCE AS SOVEREIGN-FINANCE CONCERN STOKES DEMAND; SILVER GAINS.
  • OIL DROPS FROM THREE-DAY HIGH ON FORECAST OF RISING U.S. CRUDE STOCKPILES.
  • COPPER RISES ON RISK APPETITE FOLLOWING CHINA DATA, ERASES GAIN.
  • DOMESTIC OIL SEED AND EDIBLE OIL CLOSE MIX.
    Oil rose on Tuesday, supported by concerns U.S. flooding could hit refinery operations, squeezing gasoline supplies ahead of summer driving season. Gold prices were little changed above $1,510 an ounce on Tuesday, retreating from earlier highs after the euro edged lower amid conflicting reports on a potential new aid deal for Greece. Copper climbed on Tuesday, as robust China trade figures burnished demand expectations for the metal used in power and construction offsetting news that headline imports in April fell.

Key points Read more About Silver 80,000 Click Here
Oil rose on Tuesday trading near 103$.
Gold steadies as dollar recovers.
SPDR Gold Trust holdings decline to one-year low.
The euro fell against the dollar.
China copper imports fall 13.7 pct in April.
Copper climbed on Tuesday.
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