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  • Thursday 28 August 2014

    The weakness of the dollar has increased gold glitter. With 0.3 per cent COMEX gold has risen upwards of $ 1285. Silver gained nearly 0.5 per cent to $ 19.5 COMEX the looks. MCX gold on Wednesday in the domestic market closed down 0.4 per cent at Rs 27800, silver closed flat.

    Crude oil in the international market has not seen much action. NYMEX crude remains around $ 94. The Brent crude above $ 102.5 seems. MCX crude oil slipped 0.3 percent on Wednesday to close around Rs 5680.

    Gold MCX (October futures): Sell - 27800, stop loss - and goal 27 860 - 27 650

    MCX silver (September futures): Sell - 42100, stop loss - 42 260 and Target - 41700

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