Monday, December 14, 2015

Gold is marginally higher last week, silver softened Rs 1150 | MCX Tips Today : 14 Dec

The whole week in domestic and global markets remained under pressure in gold and silver. In terms of gold, gold prices rose Rs 50. Week full of gold remained volatile, but on Saturday, with a gain of Rs 290 per ten grams of gold almost flat closed and managed to arrive at the 26,000 level.

Commodity MCX NCDEX Calls Analyst believed that the next week due to the wedding season, gold bullish trend may continue.

MCX Tips Today

Last Week, the price of silver fell by Rs 1,150:

The whole week around 1,150 rupees in silver fell. However, in the early days of the week bullish trend in silver. In the first three days of the week, silver gained Rs 200. But in the last days of the week silver fell by more than Rs 400 on Saturday, the last day of week silver fell to Rs 200 per 33,850 per kg, which was at Rs 35,000 on Monday, the first day of the week.

Gold in global markets dropped to $ 8 

Domestic market as well as global gold prices also put pressure on the entire week. On Monday the gold price in the International Market was around 1082.83$ , the last day of the week at $ 1074.20 per ounce fell on Saturday. Gold in global markets in the first day of the week 0.3 per cent was recorded. The last day of the week, prices rose by 0.25 percent.

Today's Commodity Market Opening Updates :

Today MCX Gold is trading at 25,588.00 with -91.00 points down. MCX Silver is at 33,865.00 with -118.00 points down.

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