MCX Gold Silver Updates For Today

MCX Gold Updates:
Gold prices continue to grind at higher levels. A break below 26750 will see prices head for a test of major support around 26600 levels. The counter needs to breakout and sustain above 27100 for prices to head for a re-test of 27260 levels. Until then the counter will continue to remain range bound.

MCX Silver Updates:
Jul. silver prices are consolidating in a range between 38300 to 37600 zones. The counter needs to breakout above 38300 levels for prices to head higher towards 38500 levels. Failure to do so will see prices drift lower and head towards support areas around 37300 levels. Intraday dips and reversals from around 37600 can be bought by traders.

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