Sell gold, MCX on December Rs 31,050 per 10 grams to around Rs 31,070 per 10 grams levels. Place a stop loss around Rs 31,170 per 10 grams for targets of Rs 30,850 per 10 grams.
Buy silver at around Rs 59,400-59,500 per kilogram. Stop loss for this trade should be put in at around Rs 59,100 per kilogram and targets on the upside at around Rs 60,200 per kilogram for MCX December contact.
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