Today we can see Gold & Silver opening good position & its increase continue. We are talking its domestic market but not global market. MCX(Multi commodity exchange)gold with nearly ½ percent is trading at Rs 29337.
If we talk to Silver so it’s also edge in the business of being seen to Rs 57296. But international market decline seen in gold. The European bank holding meeting today.
If we talk to base metal so its remains strong today. Copper, nickel, lead & zinc aluminum is traded on the edge Seen on LME base metal is strong while volume is decreased.
Gold & Silver previous position:
Silver 07 Dec 11 55789.00 +1.06 percent
Technical & Fundamental Calls:
-SELL GARGUM DEC BELOW 18000 TARGETS 17980 , 17960 , 17930 STOPLOSS 18040 -BUY GUARSEED DEC ABOVE 5680 TARGETS 5690 , 5710 , 5740 STOPLOSS 5640
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