Volatile Gold Session For Trade

December, 8, 2011 ( 01:30 pm) :-  Gold & Silver good support by the investors who are keep maintaining their buy position in MCX & Comex.
But spot traders has sold 1000 kg Silver on Wednesday. Apart from this Silver maintaining their support above $ 32 & but also facing some resistance at $ 33.20.
If today $ 33.20, Silver able to trade above that level than we can fore see their prices up to $ 34 - 35 in short term but if all problems are sowed after the today meet.
Gold trend today totally bullish, If they trade above $ 1740 & Rs 29250 in MCX, We can for see Gold prices up to $ 1760 - $ 1780 in Comex & Rs 29500 - Rs 29700 in MCX.

Upcoming Event : BOE & ECB Interest Rat Decision

December, 3, 2011 ( 02:30pm ) :-  In the second week of December very important meeting going to be hold on 8 December 2011.
All Global Investors must eyes on the GDP data of European Region On 6 December 2011.
The preliminary GDP is looking same as previous 0.20%.www.bullionguru.com Gold % Silver will provides large momentum on the releasing time in the late European recession.
Gold & Silver will provides large momentum next week & stock markets of India & other countries must be corrected.
On 8th December, European central bank president Mario draghi will announces the more steps are going to be taken by their bank to infuse the growth of all European nation.