MCX bullion prices for precious metals edged lower today as a firmer dollar held the precious metal back, but jitters about a Greek default and the threat of contagion could still spur safe haven buying for Gold prices. The Base metals steadied today as concerns over slower economic growth, which could weaken metals demand, weighed on market sentiment while a softer dollar lent support to prices. Crude prices fell today as the Greek debt crisis raised risk aversion, putting oil on course for a 5 percent drop this week in the biggest fall since early May.
MCX ONLINE GOLD Tips:
GOLD MCX (July)
The MCX Gold market is showing downtrend in market but the near term for Gold is consolidate.
R3 22953/23055
R2 22452/22554/743
R1 22367/386/451
Pivot 22385-313
S1 22264/201/122/081
S2 22201/21963
S3 21882/452/210
MCX ONLINE GOLD Tips:
GOLD MCX (July)
The MCX Gold market is showing downtrend in market but the near term for Gold is consolidate.
R3 22953/23055
R2 22452/22554/743
R1 22367/386/451
Pivot 22385-313
S1 22264/201/122/081
S2 22201/21963
S3 21882/452/210
