MCX Bullions may witness selling pressure as the deadlock regarding the debt ceiling may end soon. MCX Gold October contract can dip lower towards 23,350 while MCX Silver Sept contract can test 57,000 in near term. Gold dropped from a record as President Barack Obama said that US lawmakers reached a deal to increase the nation's debt limit and cut the federal deficit, averting a default tomorrow and eroding demand for haven assets.
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment