Market Update

Market Watch

Tuesday, 15 October 2013

Mcx Market Watch Gold Silver

Mcx Market Updates:
·Gold advanced the most in a week
·Silver futures for December delivery rose 0.4 percent
·Copper futures rose for the third straight session
·Lead, nickel and zinc climbed in London.

The planetary positions suggest that the gold prices may increase during the period between 10:00 to 13:00. There may only be some ordinary ups and downs during the period.

Gold, whose safe-haven appeal is usually burnished during times of geopolitical and economic uncertainty, has failed to gain despite protracted wrangling over the fiscal deadlock in the United States.  It has dropped about 4 percent to below $1,300 an ounce since a partial government shutdown began on Oct. 1.

From Opening to 12:50, the silver prices will go down initially and the market will later move in the upward direction. By the end of this time-slot, the silver prices will be back to where they were. Silver for immediate delivery dropped as much as 0.5 percent to $21.1636 an ounce, and was at $21.233. A sixth day of declines would be the worst streak since April. 

Today’s Trend for Gold and Silver

Trend: Consolidate | Strategy: Buy on dips
R1- 28970, R2- 29350 | S1-28130, S2- 27650
Trend: Consolidate | Strategy: Buy on dips
R1- 47950 R2- 49500 | S1-46350, S2- 45280

   For Daily Live Mcx Tips we are providing free trail service. We are also Providing Live Mcx market Calls, Free Mcx Charts, Mcx market strategy and planning with 90-95% accuracy. For More information please visit our site or call at 0731-4295900.

No comments:

Post a Comment