Gold Silver Update and Trading Tips

Gold Silver Update 31 May, Silver Tips, MCX Gold Tips, Commodity Tips, Today Free Commodity Tips

Today is last day of the month, yet MCX market has showing totally bearish position today. Gold dramatic a mid –session turn- around in grave trade on Wednesday, rebounding more than 30 dollar an ounce as deepening sell- off riskier assets rekindled safe – haven command and technical bids kicked in at a key support level.

 The decline of gold and silver in comex also impact is local market today. With the marginal decline on MCX gold is trading at Rs 29094, while the silver is about 0.34 percent fall to Rs 54289 in current rate.
Traders advises:- Buy Silver Above 54250 July Contract.
Targets- 54273, 50297.