Gold Prices On Wednesday Trading

MCX India Trading CallsGold prices fell more than 1 percent to the lowest price in nearly six years on Tuesday, pressured by expectations that the United States will raise interest rates in December, and as the dollar rose and stocks rebounded from losses suffered after Friday’s attacks in Paris

The other precious metals followed gold down, with silver dropping for the fourteenth straight session to a 2-1/2-month low and platinum tapping a seven-year low.

US gold futures for December delivery settled down 1.4 per cent at $1,068.60. Silver fell 0.1 per cent to $14.08, the lowest since late August.

TODAY MCX INDIA TRADING TIPS

IntradayBUY GOLD – DEC (MCX) @ 25060.00, Target: 25201.00, Stop-loss: 25015.00

IntradaySELL LEAD – NOV (MCX) @ 103.60, Target: 103.90, Stop-loss: 102.80

IntradaySELL ZINC – NOV (MCX) @ 100.05, Target: 99.20, Stop-loss: 100.50

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