Wednesday, November 18, 2015

MCX Gold at its Lowest Rate in 4 Months Yesterday ; MCX Live Calls Today

Hello Traders and Investor!!

Yesterday in MCX Bullion Market again a huge fall has been noticed. Domestic bullion market gold prices on Tuesday fell by Rs 450 to Rs 25,700 per ten grams.

The level MCX Gold is at lowest level in 4 months. Weak cues from global markets and the decline in Gold is due to a lack of gold demand in the domestic market.

MCX live calls

If We talk about Monday price, It was at top level in the week. Monday Gold was trading high with Rs 235, at Rs 26150 per ten gram level. And Drastically change came yesterday in Gold.

Why The Gold Rate Fell Suddenly :

Gold prices fall because of signals from global markets have seen. Singapore 's market, gold prices fell 0.4 per cent to $ 1078 per ounce. However, Monday's trading in New York gold ounce was at 0.17 percent in 1082.

MCX Live Calls For the Day :

MCX Gold Sell at 25100-25200, SL - 25300, TGT- 1 / TGT- 2 - 24900/ 24800
MCX Silver Sell at 33800-33820, SL - 33950, TGT- 1 / TGT- 2 -33450/ 0

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