Wednesday, April 10, 2013

COMMODITY GOLD SHOWED SLIGHT INCREASE TODAY

World Gold Council said that from January to June this year, i.e. during the first 6 months of the year may see pressure on gold demand. Throughout the World Gold Council, gold demand is expected to increase by nearly 11 per cent.


From January to April, the price of gold has declined by about 10 per cent. Now the demand for gold is rising, so that after June. This casts an eye on the price of gold today is looking extremely sluggish gait. There is pressure on the domestic and international market gold. However, gold has risen on Tuesday.

MCX Gold was open positively in open session, but now it is suffering from weakness in the domestic market. Current position of the market MCX Gold is trading around 29,580 for June contract. Day trader can Sell MCX Gold below 29,580, because it must come down 29500.


MCX SILVER CALLS 
@ You can Sell MCX Silver may below 51900 Targets 51820 , 51750 Stop Loss 52027 ,,

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