Market Update

Market Watch

Thursday, 26 December 2013

Recent Gold Silver News Updates

Gold lows down in thin year-end trade on Thursday as a move in stocks and a strong economic restoration in the U. S. Declares damaged its safe-haven appeal.

Gold is advancing for a near 30% fall this season as the U.S. Government Source is set to begin relaxing its stimulus measures, finishing a 12-year move that was persuaded by rock bottom attention levels and financial stimulation by international central banks.
GOLD (FEB)
Trend: Consolidate | Strategy: Buy on dips
R1- 28770, R2- 29150| S1-28050, S2- 27780

Silver ready rebounded by Rs 140 to Rs 43,690 per kg and weekly-based delivery by Rs 250 to Rs 43,990 per kg. Silver coins, however, held steady at Rs 84,000 for buying and Rs 85,000 for selling of 100 pieces.
Silver (Mar)
Trend: Consolidate | Strategy: Sell on high
R1- 44850, R2- 45700| S1-43350, S2- 42280

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