Monday 29 February 2016

MCX Gold Silver Price Today

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Gold

Gold settled down -1.47% at 29337 as the dollar and global shares rose, but fund buying persisted as investors expected a G20 summit would produce little in the way of a coordinated stimulus program. 
Trading Ideas:
Gold trading range for the day is 28829-29983. 
Gold dropped as the U.S. dollar, oil prices and equities around the world sapped the precious metal’s haven appeal. 
SPDR gold trust holdings gained by 0.27% i.e. 2.08 tonnes to 762.40 tonnes from 760.32 tonnes.

 
Silver

Silver settled down -2.57% at 36250 after the Federal Reserve's preferred gauge for inflation rose by its highest annual percentage in more than three years, augmenting hawkish sentiments for accelerated normalization in the U.S. central bank's first tightening cycle in nearly a decade.
Trading Ideas:
Silver trading range for the day is 35532-37476.
Silver dropped after the Federal Reserve's preferred gauge for inflation rose by its highest annual percentage in more than three years. 

2 comments:

  1. Manage your investments with Epic Research trading Account and get maximum benefits.

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  2. BUY MCX SILVER ABOVE 36200 TGT 36375/36550/36750 SL BELOW 36010.



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