The Weakness rupees against the dollar Gold has crossed above 28,000 levels in the domestic market. Declining trend in the international gold market. Silver is exactly the pressure in the international market, the domestic market remains strong.
Rose nearly 1 per cent on MCX gold is trading around Rs 28 200. MCX Silver is trading gain with half percent at Rs 44200. However Comax 0.27 per cent, gold has come near 1,379 dollar, while silver has slipped below 0.7 per cent to 22 dollar.
~ Sell -2 MCX Silver July below 44200 Targets 44100, 44000 Stop losses 44200.
~ Sell MCX Gold Aug with in current market levels with tgt 100 point below.