MCX Bullion Updates- Gold & Silver : The Indian Rupee appreciated by 0.3 % in the last week. The appreciation happened due to positive sentiments coming from global and domestic markets. On the MCX, Gold October contract increased 1.8 % tracking strong trend in the spot gold prices. Gold prices on the MCX closed at Rs.31,896/10 gms after touching a historical high of Rs.32,000/10 gms in the last week.
Spot Gold $/oz : Sup1- 1732 Sup2- 1726 Res1- 1743 Res2- 1748
MCX Gold Oct: Sup1- 31800 Sup2- 31700 Res1- 32010 Res2- 32100
MCX Gold Oct: Sup1- 31800 Sup2- 31700 Res1- 32010 Res2- 32100
Spot Silver $/oz: Sup1- 33.64 Sup2- 33.43 Res1- 34.01 Res2- 34.23
MCX Silver Dec: Sup1- 63500 Sup2- 63100 Res1- 64200 Res2- 64600
Base Metals Trading Tips- Again tracking positive global sentiments it is expected that base metal prices to trade on a bullish note from the intra-day perspective. Copper on MCX prices gained by 5.3 % and closed at Rs.446.80/kg after touching a high Rs./kg in the last week.
MCX Copper Nov: Sup1- 444 Sup2- 441 Res1- 451 Res2- 453
MCX Zinc Sept: Sup1- 107.50 Sup2- 106.80 Res1- 108.80 Res2- 109.50
MCX Lead Sept: Sup1- 115.50 Sup2- 114.70 Res1- 117.0 Res2- 117.80
MCX Silver Dec: Sup1- 63500 Sup2- 63100 Res1- 64200 Res2- 64600
Base Metals Trading Tips- Again tracking positive global sentiments it is expected that base metal prices to trade on a bullish note from the intra-day perspective. Copper on MCX prices gained by 5.3 % and closed at Rs.446.80/kg after touching a high Rs./kg in the last week.
MCX Copper Nov: Sup1- 444 Sup2- 441 Res1- 451 Res2- 453
MCX Zinc Sept: Sup1- 107.50 Sup2- 106.80 Res1- 108.80 Res2- 109.50
MCX Lead Sept: Sup1- 115.50 Sup2- 114.70 Res1- 117.0 Res2- 117.80
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