MCX Silver Tips Trend Today

MCX silver is trading in a down trend along with silver today whole commodity market is trading in red. The commodity market is seen crashed for today. The gold is 100 rs down while silver is down by 250 Rs with 0.47% change at the market and is trading in a decline and selling silver is advised currently silver is trading at the price of 53470. Gold MCX is also down and with gold crude also declined and mcx crude is trading with a change of 0.60% with a change of 31 Rs at the market.

Get Gold Silver tips for Today and Tomorrow. Fill The Free Trial Form Today.  

MCX-SX News MCX Tips Trend

Today Finance Minister P Chidambaram inaugurated the country's new stock exchange - MCX-Stock Exchange (MCX-SX) at an event in Mumbai. The new exchange would commence live trading in equities from Monday. MCX-SX is providing trading platform for currency derivatives segment for now, and would become a full-fledged stock exchange after the launch of other segments like equity, equity derivatives, bonds and interest rate derivatives. Today MCX gold is trading in a lower trend and is advised to sell gold is down by 51 Rs and is trading at 0.17% change towards decline. Alike MCX Gold the other metal mcx silver and energy MCX Crude is also trading in a down trend and selling crude and silver is also recommended for today's session.

Get Fresh Silver, gold and crude Tips, Fill the Free Trial Form.

MCX Gold & Silver Tips For 24th July 2012

MCX Gold August contract settled around same levels as compare to last week. Indian rupee fall results in closing MCX Gold prices on positive note at 29,277/10gms after touching high of 29,370 during the week.

Gold Support and Resistance -

Support : 29336, 29224, 29152

Resistance : 29520, 29592, 29704

MCX Silver settled at 0.1 percent after touching high of 53211 due to depreciation in Indian Rupee.

Silver Support and Resistance -

Support : 52593, 52263, 52025

Resistance : 53161, 53399, 53729

Experts believes that today precious metals are expected to trade in bearish mode due to DX strength along with bearish global sentiments. In domestic market sharp fall can be seen in MCX precious metals.

CLICK HERE FOR MORE GOLD & SILVER TIPS FOR TODAY