gold breaks 3 year record today ,intraday support for bullion on 28 june

on Friday morning we are seeing a tragedic movement in commodity market , bullion shows dual nature in all exchange ,gold breaks all record fall by 2% and trade below 1200 USD,gold  shows 3 year low position for today at 10:45 am gold price is 25185. 

Intraday support and resistant of gold is 25000 to 25500

Sell gold at 25150 tgt 25120,25090,25060,25030 SL 25180

silver take a big move of these week ,Wednesday it was  down by  1200 rs but today it is on upside ,not gaining so much positive value but it strong than its previous closing value ,the future delivery of silver trade at 38898 Rs/ kg at 11 am .

For intraday you can support it at 38600 and resisted at 40100.

Buy silver at 38930 tgt 38980,39020, 39070 SL 38880

Gold price a two year low today 16 April stock market losers and gainers

Gold price tumbled a two year on Monday, global investor says that US economy flocked to equity market the possibilities of several struggling  European country, including Cyprus also contributed to fall in yellow metal, India’s gold continuously fall in near 24% in the last  quarter through March. Analyst are unwilling to stick future value of gold , Gold should stabilized at the level of 25000-26000.

For previous session gold must be down to 2000 points and closed at 25634. But now toady it open at 25460 down by 100 points. Crude oil  price also drops by 100 points in US market  

Today in Bse market it open with a benchmark note it was up by 140 points and now traded at 18560.

Top gainers: Tata Power, BPCL, IndusInd Bank, Hero Motocorp and ONGC  

Top losers :Cairn India, Infosys, NMDC, Tata Motors and TCS 

  

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