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Gold futures may continue its upside momentum and can test 28,500 and silver 58,500 in near term but some profit booking at higher level cannot be denied. Gold edged down on Tuesday as it..... Read more here @ http://commodity-intraday.blogspot.in/2012/03/mcx-silver-gold-updates-and-mcx.html

Gold bearish for medium long term & Now it shows better investment for traders. Currently gold is showing hold long position for future but now it shows the selling position for early trade. The support & resistant level of Gold is that 29521,29864.

The recent ascent of gold miners and Chinese enthusiasm for the precious metal could be advantageous to the future of Samaranta Mining Corp.

Gold futures climbed the most in period of at least three weeks

Gold futures dropped after rating agency Moody's Investors Service drop the ratings of six European countries, increasing the dollar value and cutting appeal for alternative assets.

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Gold futures on India's Multi Commodity Exchange (MCX) is down and eyes on EU finance ministers meet to be held in the evening. "MCX gold futures for April delivery has support at 30700 while 30950 is the resistance for the day

Gold futures moved towards the fifth weekly rise, the longest winning streak since August, as mix sentiments about U.S. economic report and the European financial havoc supported appeal for a safer asset. Palladium rose to a peak of four months.

Gold futures opened higher in the Asia electronic trades today with the equities trading higher on back of solid gains in US yesterday. Stocks climbed sharply across Asia as investors looked to possible improvement in the global economy, with technology firms lifted by U.S.

Greater interest in gold miners and a 28 percent increase in the price of the precious metal for the year paint an attractive picture for the future of Samaranta Mining Corp.

On the Multi-commodity Exchange (MCX), gold futures contract after moving slightly high by 0.04% or Rs.14 to Rs.38,366 per ten gram.

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14 June 2012 MCX gold (August futures): Buy-29900, stoploss- 29800 and target-30150. MCX Silver (July futures): Buy - 54900, stoploss of Rs - 54650 and the target - 55400.MCX gold silver copper lead base metal tips. .Visit above link for more mcx ncdex tips for tomorrow.

MCX base metal copper shows weaker trend to last week, copper price nonstop ralied towords to 448.60 per kg .The future price for copper down by 1RS to 449.45. the copper price at 448.55 rs / kg at 10:47 am IST .

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