July 05, 2012

MCX Live Gold Silver for 05 July

MCX Gold is recommended to buy below Rs 29,600 for a target of Rs 29,725 and beyond that on an intraday basis to Rs 29,900. MCX Gold could be rallying on an upside today with a stop loss of Rs 29,490 per 10 grams. For silver prices are expected to go up buying silver on dips at Rs 53,700 per kilogram with a stop loss of Rs 53,500 per kilogram for a target of 54,000-54,100 per kilogram on intraday basis. The gold is trading in a downtrend and is advised to buy for today's session and silver is also advised to buy for intraday session. Gold live levels rates for India market today is 29639 levels with a gain of 0.23%.

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