Wednesday, 27 September 2017

Gold, silver trade lower

MCX Gold futures traded down by 0.15% at Rs 29,826 per 10 gram around 1015 hours, whereas MCX Silver futures traded almost flat at Rs 39,852, lower by 0.01% from its last close price. 

As per analysts, bullion counter will continue to remain sideways as the movement of US dollar, geopolitical tensions and US durable goods  order  data will influence the price movement of the precious metal. 
 
The movement of rupee will also reflect on the prices of the precious metal. In the morning trade on Wednesday, rupee traded at 65.56, down by 11 paise.    

http://tradenivesh.com/services/mcx--nivesh.php

Following the global cues, domestic equity markets also traded down in the intraday trade on Wednesday. S&P BSE Sensex was lower by 140.91 points, or 0.45%, at 31458.85, while NSE Nifty index was down by 36.60 points, or 0.37%, at 9,834.90 at around 1126 hours.   

SELL ZINC  BELOW 208.20 TGT 207.50 SL ABOVE 209.20
 

SELL CRUDE OIL BELOW 3450 TGT 3420 SL ABOVE 3886

BUY LEAD ABOVE 162.30 TGT 161.50 SL BELOW 164.30

SELL GOLD BELOW 29870 TGT 29810 SL ABOVE 29960

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