Commodity Face Today
After a three-day gaining streak, gold prices today drifted by Rs 70 to Rs 27,050 per ten grams at the bullion market owing to slackened demand at prevailing levels amid a weak global trend.
Silver also declined by Rs 140 to Rs 36,860 per kg on reduced off take by industrial units and coin makers. Traders said easing demand from jewelers at existing levels and a weak global trend -- where gold fell to a two-week low -- mainly kept pressure on precious metals prices.
MCX Gold Silver Tips
MCX Bullions are trading on a negative zone today after revealing its gaining positions of last three day. Our Research experts suggest that after decline in International commodity market price it will face a bearish trend today.
Sell on high is suggested by our experts. For more MCX Tips please fill the trial form.