Mcx Precious Metal trand Today : Gold rise By 0.4% and Silver rose By 195 toRs 36650 Per Kg

In Indian Commodity market precious metal is in uptrand theMcx Gold prices rose 0.45 per cent to Rs. 26,434 per 10 grams at the futures trade as speculators created fresh positions after the precious metal climbed in global markets

The Multi Commodity Exchange, gold for delivery in June was up by Rs. 119 or 0.45 per cent to Rs. 26,434 per 10 grams in a business turnover of four lots.
The metal for delivery in April moved up by Rs. 99 or 0.38 per cent to Rs. 26,222 per 10 grams in a turnover of 325 lots.


Meanwhile, gold rose 0.4 per cent to $1,209.79 an ounce in Singapore.

The Gold support and Resistance level today:

MCX Gold is most likely to find the support level at around 26380 followed by the strong resistance at around 26180/26080

Silver price  rose by Rs 195 to Rs 36,650 per kg in futures trading today
the Multi Commodity Exchange, silver for delivery in March traded higher by Rs 195, or 0.53%, at Rs 36,650 per kg in a business turnover of 455 lots.
he white metal for delivery in May traded higher by Rs 182, or 0.49%, to Rs 37,015 per kg in 55 lots.
 

On COMEX silver has support at $16.00and $16.30whereas resistance is at $16.75and $17.00levels. In domestic market support is 35600and 36250 levels and on higher side 37100 and 37600 could act as resistance