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Wednesday, May 9, 2012

MCX Gold Silver Trend Today

Bullion Metals have seen a sharp decline in this week. MCX Gold, with the decline More than Rs. 1500, has come down to 28500 level. Currently On MCX, Gold June Contract is trading at 28478 level. Though Domestic Gold is trading above as compared to the international market where Gold prices have dipped to four months low. MCX Silver (July) has suffered more than1.30% decline and it is trading below 53400 level. A decline in dollar index may extend this bearishness in precious metals.
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