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Gold and silver are expected to trade on a bearish note today, on the back of a more powerful dollars in addition to uneven emotions in the international markets.

MCX SILVER May agreement was dealing at Rs 55782.00 down Rs 138.00, or 0.24%. It moved an intraday great of Rs 55871.00 and an intraday low of Rs 55667.00.

MCX SILVER July agreement was dealing at Rs 57458.00 down Rs 137.00, or 0.23%. It moved an intraday great of Rs 57672.00 and an intraday low of Rs 57352.00.

MCX GOLD June agreement was dealing at Rs 28514.00 down Rs 45.00, or 0.15%. It moved an intraday great of Rs 28551.00 and an intraday low of Rs 28475.00.

MCX GOLD August agreement was dealing at Rs 28925.00 down Rs 41.00, or 0.13%. It moved an intraday great of Rs 28951.00 and an intraday low of Rs 28882.00.

We anticipate precious metal and money to business on a bearish observe nowadays, on the back of a more highly effective dollars in addition to irregular feelings in the worldwide marketplaces. Predicted cut in repo rate by RBI will cause to appreciation in the Local indian native forex nowadays and this may cause to further reduce on the MCX.

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