The COMEX Gold futures quote at $1407, down $18 per ounce on the day....
MCX Gold futures also witnessed a similar movement, extending its recent break under Rs 27,000 per 10 grams level....
The white metal is likely to drop to near Rs 43,500-odd levels soon....
However, the overall trend suggests some more consolidation for the yellow metal....
MCX June gold futures may open today’s session near Rs 26740 levels with support around Rs 26700 and Rs 26640 levels....
Silver spot traded at Rs 45,410 per kg. Standard gold at Rs 27,030 for 10 gm and pure gold at Rs 27,155 for 10 gm....
As global prices yet again neared their two week low amid a burst in dollar strength and a general weakness in commodity prices....
The white metal is likely to face some selling pressure around Rs 46,000-level....
Fresh upside likely only on break of Rs 27,300...
e metal declined yesterday on strength in the US dollar and worries that the US Federal Reserve will ease back on its easy monetary policy....
In Mumbai silver spot traded at Rs 45,915 per kg, standard gold at Rs 26,985 for 10 gm and pure gold at Rs 27,130 for 10 gm....
The benchmark MCX gold futures fell in a hurry breaking under 26,900 per 10 grams mark in early moves....
MCX June delivery gold futures are now trading down more than Rs 100 at Rs 26783 per 10 grams...
MCX Gold Petals near month futures has witnessed a steady rise in open interest in the last 12 trading sessions....
Gold futures extended decline in the Asia electronic trades today as the US dollar stretched its last week’s gains against the Yen and Australian Dollar....
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