Under pressure from a stronger dollar and a half percent globally over the past week due to the drop in the yellow metal in the domestic market, MCX Gold fell by Rs 375 per ten grams in a month low of Rs 29,650 arrived.
International markets fall amid local industrial demand, silver also declined 1,025 weekly one -month low of Rs 39,900 per kg reached. For the second consecutive week of decline in precious metals. However, during the week of the rupee against the dollar also slipped by one percent compared to the global markets, a low softening locally.
Last week, the London MCX Gold spot prices weakened by 1.61 percent to $20.5 per ounce declined to 1272.7. US gold futures last trading day of the week, gold fell to $ 21.4 to $ 1252.9 per ounce was trading.
Commodity Best Tips Today :
Sell at 29630-29650 Target 29200 Stoploss 29880.
SELL CRUDE OIL BELOW 3238 STOPLOSS ABOVE 3268 TARGET 3216-3195.
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