Wednesday, December 23, 2015

MCX gold at Rs 25,000 per ten grams scaled down | Free MCX Live Calls Today

In the domestic market, MCX Gold futures prices today dropped from 25,000 level. The decline in gold with an increase in rates by the Federal Reserve to have seen a recovery in rupee.

MCX February gold contract fell by 2 per cent per ten gram level has risen to 24 965. While there Comaks Comaks Gold prices have declined 1.7 percent today. Given the pressure in gold than gold equity investors have increased investment in high-return assets. This decline is in gold.



With silver futures prices have also declined. MCX March silver contract fell 1.73 percent level reached 33 808 per kg while silver Comaks fell 1.57 percent to $ 14.02 an ounce reached. 

SMC Comtrade researchers Sandeep June after the Fed decision, investors are now turning to equity. While an increase in domestic demand is not expected gold prices also pressure is being witnessed.

Free MCX Live Calls Today:

SELL GOLD FEBRUARY MCX BELOW 25162, STOPLOSS ABOVE 25345 TARGET 25050, 24880
 
INTRADAY BUY ZINC - DECEMBER (MCX) @ 101.20, TARGET: 102.30, STOP-LOSS: 100.60





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