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MCX Bullion Metals Outlook For Next Week

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  • Saturday, January 14, 2012
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  • Bullion Metals (Gold and Silver) can move in range with upside bias as the decline in Green Back supported its prices higher. Gold prices can trade in range of 27500- 28200 in MCX and USD 1,585-1,680 in COMEX in near term. There is another EU summit scheduled for January 30. With the efforts to rescue, the euro region have consistently crumbled and the risks related to a full-blown financial crisis are growing. While white metal silver can hover in range of 51800-54500 in near term.

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