MCX Gold and silver both are trading in a uptrend and gold reached to new higher levels. Today gold is trading at 30891 levels and is up by 14 Rs and at Friday session gold made a high of 30925 levels and a low of 30885 levels. The mcx gold (Oct) contract is bullish in trend. The MCX gold (Dec) contract is also trading in a uptrend and gold (Dec) is trading currently at 31255 levels with a change of 11 Rs. The gold futures contract is bullish but it is expected that it will come lower down. Today gold is advised to buy for intraday session.
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