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MCX Gold Tips
Gold may decline in London on concern physical demand remains slack amid a festival in India. MCX Gold June is currently at Rs 28842, it is trading down by 29 points for the day. Comex Silver is currently trading at $30.79. Spot Gold is currently trading at $1641.80.
Trading Call: Sell MCX Gold June below 28850 with a stoploss of 28950 for target of 28700.
MCX Silver Tips
Silver was near a three-month low after holdings in exchange-traded products fell the most. Bullion for immediate delivery fell 0.1 percent to $1,637.55 an ounce. MCX Silver May is currently trading at Rs 56603, it is down by Rs. 82
Trading Call: Sell MCX Silver May below 55700 with a stoploss of 56200 for target of 55100.
