Thursday, February 23, 2012

MCX Gold and Silver Updates (Tips and Trend) For Today: 23rd Feb '12

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Spot Gold prices in the international markets traded on a flat note at $1775/oz and touched an intra-day low of $1771/oz till 4.30 pm IST today. The yellow metal prices in the domestic markets traded higher by 0.5 percent and was hovering around Rs28,777/10gm till 4.30 pm IST. Depreciation in the Indian Rupee led gains on the domestic bourses. Gold is going up on MCX gold prices have been close to Rs 29,000. Gold rose 5 percent to 15 business days.

Silver looks to grow strongly. MCX silver with 0.5 per cent at Rs 57 569. Domestic market today gold - silver is the beginning of the light along the edge. With nearly half per cent on MCX gold is trading at Rs 28 757, while silver is at Rs 57 360, with slight edge. In the international market, gold - silver has an edge.
 

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