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Monday, October 10, 2011

MCX Gold Tips and Market Outlook For Today

Gold Outlook
-Selling of commodity indices that also happen to include gold.
-Increases in margin requirements on the Chicago exchange (CME)
-Technical sell off as important supports were breached.
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Bullion Gold Silver Intreday Call For Today | Commodity News

MCX Gold (December futures): Buy - above 26600, stoploss - 26450 and Target - 27000
Silver MCX (December Futures): Buy - above 53300, stoploss - 52830 and Target - 54500
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Bullion Commodity Live Updates and Tips For Today | Gold silver price

Today Bullion Market increase rapidly at initial on MCX Gold up about 1 percent and Silver trading about 2.3 percent. Gold reached at 26600 rupee per 10 grams and Silver touch the level of 53500.
However on MCX Crude oil also doing upper side trading  around at 4,150 per barrel. In Base metals MCX Copper 1 percent up at 364.50.
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