MCX Gold Silver Showed Decline at the Market

The glint of gold in the international market is becoming less. In Comex gold to $ 1,700 an hour break. However, at the moment Comex gold is trading above $ 1,708. At the Indian market MCX gold is trading at Rs 31120  levels with a decline of 0.5 percent. MCX Silver while slipped around 1 per cent to Rs 61,300. MCX base metals has noted the decline at the market. MCX Copper is trading 0.2 percent higher at Rs 445.20. Aluminum has weakened 0.25 percent. Nickel, lead and zinc from 0.2 to 0.5 per cent is seeing weakness.

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MCX Gold Silver Evening Trend

The commodity market for bullion metals opened in a down trend. The gold opened in red with a down fall of 14 Rs the loss is minimal and recovery is expected at the market. The gold is currently trading at 32,212 levels and is advised to sell gold after breaching the gold support of 31990 levels, The silver is trading in red after making high at the market and touching 64,000 levels. Now the silver is down by 114 Rs at the market. 

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MCX gold Silver Tips Free

Gold prices on the MCX closed at Rs.31,456 after touching an intraday low of Rs. 31,297 at Thursday trading session. Appreciation in the Indian rupee exerted a downside pressure on the gold prices. Today  gold is trading in a uptrend and currently up by 75 Rs.  MCX silver prices declined 0.8 percent and closed at Rs. 60,910/kg after touching an intra-day low of Rs.61,010/kg in yesterday’s session. Prices in the domestic markets fell taking cues from fall in the spot silver prices and appreciation in the Indian rupee.

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