Saturday, 29 August 2015

MCX Gold Biggest Decline under two Month Due to Strong Dollar ## It’s Right Time to Buy for MCX Bullion

Thursday, after declining strongly today is seeing a rise in gold prices. Better than expected US GDP data on Thursday, gold prices slipped about $ 22. The Comax 1129 with a gain of $ 7 an ounce of gold is trading at. Half months, gold prices in the global market are moving toward the biggest weekly decline. 


This week the price of gold has dropped to 2.50 per cent. According to experts from the US economic data is likely to raise interest rates soon. This major currency against the dollar index is expected to rise and fall in gold prices may rise.  Today MCX Gold is trading around 26400 with low of 26381.

It’s Right Time to Buy for MCX Bullion??

According to me All long term Investor’s you can Buy MCX Gold around 26,300 to 26,400 within October future contract Targets 26700, 27200 Stop Loss 25,900. you can hold it 10 September. 

1 comment:

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