MCX Gold Silver and Crude Updates

Vague picture of US economy led the international  gold and silver market into a sharp decline. In the international market, gold is at 4-month low. But the weakness in rupee helped domestic bullion market and  MCX  elevated today in early trade..
.With a gain of 0.52 % on MCX, Gold is currently trading at Rs 30640. The silver is seen at 0.62 per cent  gain and prices are currently trading above Rs 57700

MCX crude oil witnessed a very weak start. Crude oil slipped 0.70 per cent in the domestic market and Currently the price is below Rs 4950. Prices are likely to decline further till support level of 4920 and if crude breaches this level, we can see further decline till 4860.


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