Monday, May 24, 2010

Gold & Silver Sinks Due To Technical Selling

 Gold Fells Due To Technical Selling On Upper Levels in Comex, But Prices in MCX Still Above Rs 18000 mark.
But Prices Of  Mcx Silver In Continuously Fells As Like The Comex Silver From Rs 30120 to Rs 28440. Silver Funds are /still Buying Silver Due to Economic Debt Crisis Rises In Whole Europe.
But Gold Settlement Period Near At 5 June. due To Higher Prices In Mcx or Comex. Small are not much Interested in Buying Physical  Gold In India.
If Gold Breaks $ 1160 mark Then We For See Gold Prices at $ 1144 - 1120 In Comex & Rs 17700 - 17440 In MCX
If Silver Breaks $ 17.60 mark Then We For See Gold Prices at $ 17 - 16.40 In Comex & Rs 27500 - 26800 In MCX
                              

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