SELL SILVER MARCH
BELOW 40700,
Target1- 40600,
Target2- 40500,
Target3- 40400,
StopLoss- ABOVE 40850.
Gold dips from seven-week high on dollar strength
MCX Free Tips- Spot gold eased 0.1 percent to USD 1,193.38 per ounce by 0041 GMT. Bullion on Thursday touched a high of USD 1,206.98, its best since November 23.
Gold slipped early on Friday after hitting a seven-week high in the previous session as the dollar edged up, but the yellow metal was on track to end higher for a third straight week.
U.S. gold futures fell 0.5 percent to USD 1,194 per ounce.
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