Kaushal Jain, assistant vice president of Dani Commodities says, “We expect gold to be bullish above USD 1,650 per ounce on the international exchange. Till then, we maintain our bias towards downside. So, every rise could be a sell opportunity.”
Kunal Shah of Nirmal Bang Commodities recommends selling silver. He says,"On MCX one should look to sell silver at Rs 53,350 with stop loss above Rs 53,850 and target of Rs 52,600-52,500 during the day."