Indian Silver price down Rs 236
Silver Micro Ahmedabad and Silver Mini Aug futures have dropped over 0.5 per cent each.
Gold slips 0.5% on the MCX
The MCX Gold Oct future so far has touched a low of Rs 28,051.
Daily Outlook for Silver 21 August
The MCX Silver September futures need to break and sustain above Rs 42,350-odd levels for a pull-back rally. Select momentum oscillators in oversold zones.
Daily Outlook for Gold on 21 Aug
The MCX Gold October futures need to bounce back above Rs 28,230-odd levels for a pull-back rally to emerge. On the downside, Gold futures may seek support around Rs 28,000-mark.
MCX Gold continues downtrend
The MCX Gold futures are currently trading with a loss of 0.3 per cent, and have seen trades of around 4,718-odd lots.