Technical comment for the day: Gold
The yellow metal support levels are at Rs 30,800 and 30,750 per 10 grams.
Gold, Silver decline on MCX
The precious metals are currently down 0.4-0.6 percent. The India rupee is down 14 paise as against the US dollar.
Precious Metals Preview: Massive losses for Gold, Silver crashes too
MCX Gold August futures ended around Rs 30,740 per 10 grams and should see a flat opening today. Silver futures also witnessed a severe crash as a drop from recent highs continued.
On the higher side Rs 31,150 and 31,220 per 10 grams are the cap to watch out for.
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Technical comment for the day: Crude Oil