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.
The yellow metal support levels are at Rs 31,000 and 30,850 per 10 grams.
The precious white metal has slipped below Rs 47,000, and is currently down Rs 339 on the MCX.
The yellow metal support levels are at Rs 30,900 an 30,800 per 10 grams.
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Technical comment for the day: Crude Oil