Thursday, November 1, 2012

Bullion, Energy, Base Metals Commodity Updates & Tips:

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Bullion Commodity Updates & Tips: Gold futures were marginally higher on domestic exchanges, in line with the trend on the COMEX. However, a strong rupee against the dollar capped the upside in local prices. A weak dollar against the euro weighed on the COMEX gold futures. MCX Gold December Contract is looking positive for the day. Market may find support near 31080 & 30980; intraday resistance can be seen near 31180 & 31290. Day traders are advised to buy intraday on dips. (Buy Gold around 31080 with SL 30980, for the target of 31180 & 31290.) MCX Silver December Contract is ...
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