Gold at 6-year low, showed a slight recovery in crude

Gold and silver prices down in the international market not to stop taking. Comaks 6 years, gold prices dropped to a new low is low. Saudi Arabia issued by the crude price recovery, returned to light after the new statement. Experts say that US interest rates expected to rise in December from a decline in commodity prices in the international market. For these reasons, gold and silver prices in the domestic market is constantly falling. Today, gold is higher by Rs 25 at the MCX. While silver is trading flat.

Gold Silver Crude

  • Sell ​​MCX crude for December futures, target of Rs 2780, Rs 2940 stoploss
  • Sell ​​MCX Nickel November at Rs 558, target of Rs 538, Rs 572 stoploss
  • Sell ​​MCX Copper November futures at Rs 298, target Rs 290 stoploss of Rs 303

8 months after touching the upper level of the dollar has come down a bit, which has increased in the golden glow. However Comaks gold at $ 1070 is still near lows last 6 years doing business. While silver is still pressure.

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