MCX Weekly Research Report, 12 To 16 April 2021

Gold prices fall ahead of US inflation data. Focus on US dollar rate

Commodities MCX Weekly Research Report, 12 To 16 March 2021, Weekly, Monthly MCX Live Research Reports Released by Neal Bhai Experts Research Teams. Subscribe Us For Energy, Bullion Commodities and Latest Market Report & Updates Commodity Market Weekly Trend, Technical & Fundamental report.

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Silver Forecast and strategy: Silver Prices Jump 3%

Silver

Silver Forecast and strategy: Silver prices edged lower to settle at Rs 66,941 per kg on April 9 as participants trimmed their positions as seen by the open interest. The precious metal tumbled tracking stronger dollar and weakness in gold and industrial metals.

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Gold Prices Today Fall After Jumping over ₹1,000 in 2 Days, Silver Drops

Gold Prices Today: Silver and gold prices today edged lower in Indian markets after seeing a steep rise over the past few days. MCX gold futures were down 0.1% to ₹46,793 per 10 gram while silver prices dropped 0.4% to ₹67,240. Over the previous two sessions, gold had risen over ₹1,000 per 10 gram. On MCX gold futures has support at ₹44,940 and resistance at ₹47,380, says Neal Bhai.

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