Dollar comes on back
foot against Indian currency, today at interbank foreign exchange rupees gain
+48 point to 57.50 at 2:59 pm. Weak dollar result negative trend in bullion, at
domestic market. On intraday trade at MCX gold and silver open at positive
side but weak dollar loss support and gold silver fall by more than -300
together. International gold prices also down by 0.39% or
-5.37 to 1380.70. On evening trade gold price are expected to trade in bearish
side with low movement with some correction. Following yellow metal
silver prices also fall in day trade by more than -150 point and touched a low
of 43074. Silver for future delivery expected some correction with crude
oil in evening trade.
LIVE CALLS OF THE DAY
SELL SILVER BELOW
43125 TGT 43050, 42950, 42800 SL 43500
BUY CRUDE OIL ABOVE
5585 TGT 5590, 5600, 5610 SL 5550
SELL NATURAL GAS BELOW
219.25 TGT 218.80, 218.50, 218 SL 222
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