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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