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Tuesday, May 24, 2011

MCX Silver Buy Target 56000


Silver : Buy - 55200, Stoploss - 55000, Target – 55350 55450
MCX Silver 60000 This Month Read More 

MCX Gold Call For Today Intraday | MCX Silver Strategy


MCX Gold and Silver Buy 
Silver : Buy - 54450, Stoploss - 54200, Target – 54650 54750
Gold: Buy - Above 22370, Stoploss - 22100, Target - 22600
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Advantage of foreign markets the silver getting increasingly. MCX silver at about 2 percent today, trading with gains seen. COMEX reached out over the silver is $ 35. While Copper also saw gains today . Crude oil is keeping the edge of the 1 percent.

Both the precious metals, silver and gold, strengthened today on stockists and speculators buying amid a firming global trend and rising seasonal demand.

While silver surged by Rs 1,100 to Rs 54,300 per kg, gold rose by Rs 110 to Rs 22,690 per 10 grams, wiping of most of the losses suffered in the previous session.
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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. 
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