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Monday, December 19, 2011

MCX Silver and Gold Tips for Today

Precious metals suffered a sharp decline today. MCX Silver has been declined almost 2% and trading around 52700 level while MCX Gold has moved below 27600 level. Below 52650 level silver may slip down to 52200-52000 level while for a recovery move, prices will have to breach 53500 level.

Gold, below 27350 level, is likely to prevail negative trend while above 27750 traders can go for long position in MCX Gold.
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