Tips or Call For Precious Metals
Note:- Don't Make Any Position At This Time . I will Suggest After Data Come. Read More About Silver Technical Report
A divergent trend developed in the bullion market on Thursday as silver plunged by Rs 1,500 to Rs 56,000 per kg on selling by stockists and gold recovered by Rs 120 to Rs 22,820 per 10 grams.
Gold gained on fresh buying by retailers for the ongoing marriage season and wiped off most of the previous day''s losses.
Silver coins followed suit and nose-dived by Rs 4,500 to Rs 61,000 for buying and Rs 62,000 for selling of 100 pieces.
A similar trend overseas further fuelled the trading sentiment in the national capital. While gold rose by USD 4.80 to USD 1,539.10 an ounce and silver plunged by 4.29 per cent to USD 36.82 an ounce in New York.
On the domestic front, silver ready tumbled further by Rs 1,500 to Rs 56,000 per kg. It had lost Rs 800 on Wednesday.
Silver Weekly Analysis
Silver weekly-based delivery moved down by Rs 1,490 to Rs 56,000 per kg, after losing Rs 810 in the last trading session.
On the other hand, the gold of 99.9 and 99.5 per cent purity bounced back by Rs 120 each to Rs 22,820 and Rs 22,700 per 10 grams, respectively. The yellow metal had lost Rs 170 in the previous session.
Sovereigns continued to be asked around the previous level of Rs 18,700 per piece of eight grams in restricted buying.
MCX Bullion FREE Tips Live Rates and Chart Analysis
Note:- Don't Make Any Position At This Time . I will Suggest After Data Come. Read More About Silver Technical Report
A divergent trend developed in the bullion market on Thursday as silver plunged by Rs 1,500 to Rs 56,000 per kg on selling by stockists and gold recovered by Rs 120 to Rs 22,820 per 10 grams.
Gold gained on fresh buying by retailers for the ongoing marriage season and wiped off most of the previous day''s losses.
Silver coins followed suit and nose-dived by Rs 4,500 to Rs 61,000 for buying and Rs 62,000 for selling of 100 pieces.
A similar trend overseas further fuelled the trading sentiment in the national capital. While gold rose by USD 4.80 to USD 1,539.10 an ounce and silver plunged by 4.29 per cent to USD 36.82 an ounce in New York.
On the domestic front, silver ready tumbled further by Rs 1,500 to Rs 56,000 per kg. It had lost Rs 800 on Wednesday.
Silver Weekly Analysis
Silver weekly-based delivery moved down by Rs 1,490 to Rs 56,000 per kg, after losing Rs 810 in the last trading session.
On the other hand, the gold of 99.9 and 99.5 per cent purity bounced back by Rs 120 each to Rs 22,820 and Rs 22,700 per 10 grams, respectively. The yellow metal had lost Rs 170 in the previous session.
Sovereigns continued to be asked around the previous level of Rs 18,700 per piece of eight grams in restricted buying.
MCX Bullion FREE Tips Live Rates and Chart Analysis
