The world largest bullion
consumer India is taking an action to limit the import of gold; the country
current account is deficit by 39% in the fiscal year of 2011-2012. India is the
biggest importer of gold and oil. In the early of the November China replace India
in the world biggest consumer of gold. On the MCX Mumbai today gold is traded with
a positive movement rise by 160 point at 2.24 pm. In this last week bullion are
the top commodities that jump a good point. Today resistance for gold is 32500
and support level is 32003. Meanwhile the white metal is on the top gear from
the last week, in the global market silver is the top performing commodity this year
According to BRTISH BANK. In the domestic market silver performing well
and in a good position to buy.
Today’s calls
Buy silver tgt
63770..63800.63900…..64000…….sl 62600
Seed Newsvine
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