MCX Trading Tips and Commodity Market (Bullions) report toda

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sara
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MCX Trading Tips and Commodity Market (Bullions) report toda

Post by sara » Thu May 19, 2011 4:25 am

Gold prices declined by Rs 54 to Rs 21,925 per 10 grams in futures trade today on profit booking by speculators amid a weak global trend. At the Multi Commodity Exchange, gold for delivery in June declined by Rs 54, or 0.25% to Rs 21,925 per 10 grams, in a business turnover of 1,319 lots.

Gold may see support at Rs 21,900, 21770, and resistance at Rs 22,100, 22,200.

Silver likely to find support at Rs 53,000, 52,200, while resistance at Rs 54,200, 54,700.

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