Geojit Comtrade has come out with its report on metals and energy. According to the research firm, one can sell MCX Gold December around Rs 26600 levels with a stop loss above Rs 26800 for the target price of Rs 26200.
Geojit Comtrade has come out with its report on agricultural commodities. The research firm has recommended to buy Kapas above Rs 806 and sell Reifned Soyoil below Rs 586 and Jeera below Rs 12200, in its report dated November 21th, 2014.
On an intraday basis, gold and silver prices are expected to trade lower as the economic data released from the US indicates optimism in the country. Besides, declining trend in the SPDR gold holdings also suggest waning investment demand for the metal. Strength in the dollar index would further drag prices, says Angel Commodities.