Silver and Crude Updates for Today

Despite the weakness in the international market, trends in the domestic market is up in gold and silver. However Silver is has slowed down a bit but the positive trend is still alive. The decline in rupee against the dollar has supported the gold and silver prices.

MCX Silver Tips for Today- Silver is recommended to buy on dips where traders can accumulate this metal around 63150-63100 for the targets of 63400-63500 level. Key support for silver is seen near 61000 level while resistance could be sensed at 64500.

NYMEX crude is trading flat at $97 but MCX Crude oil in the domestic market has been strengthened. MCX crude is likely to touch 5400 today so traders can buy crude around 5370 for the targets of 5400-5450 level.


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