MCX Gold Prices and Silver November Trading

Gold prices fell Rs 145 to Rs 26,643 per 10 grams in futures trade today as participants trimmed their positions, largely in line with a weak trend overseas. At the Multi Commodity Exchange, gold for delivery in December was trading lower by Rs 145, or 0.54 percent, at Rs 26,643 per 10 grams in a business turnover of 728 lots.

MCX SILVERM November contract was trading at Rs 37275 up Rs 429, or 1.16 percent. The SILVERM rate touched an intraday high of Rs 37380 and an intraday low of Rs 36845. So far 13778 contracts have been traded. SILVERM prices have moved down Rs 5785, or 13.43 percent in the November series so far.

MCX GOLD December contract was trading at Rs 26869 up Rs 247, or 0.93 percent. The GOLD rate touched an intraday high of Rs 26870 and an intraday low of Rs 26664.Buy Crude October in between 3105/3100 stoploss 3078 target 3140 (Current market price – 3108). Copper November MCX – Sell at 347.2-347.4 Target 342 Stoploss 350 ( Current market price 346.4).

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