Thursday, 14 August 2014

Commodity Mcx Gold & Silver Daily Price

Gold prices are holding $1304/troy ounce i.e. Rs.28500/10gms as very crucial support and prices are moving in narrow range. Prices if breaks Rs.28500 then fresh selling towards Rs28300 can be seen. On higher side prices can face resistance at Rs.28850. Prices have major resistance at $1325 i.e. Rs.29080 to give further upside else prices can remain in this range.

Silver prices are weaker than gold. Prices are expected to face resistance at Rs.43600/kg and can move lower towards Rs.42900. Prices are expected to remain weak till it trades below Rs.44000.
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