Commodity MCX Trading Tips>>MCX gold end up, silver tad down

Precious metals ended on a mixed note towards the end of Multi Commodity Exchange Saturday session as silver settled tad down. Downtrend remained intact on selling triggered after foreign markets retreated following catastrophe in Japan. Gold in international market ended USD 1,335.76/oz, up 8.36.  MCX's most active April gold contract ended at Rs 20,977/10 gm, up Rs 20 and moved between Rs 20,979- 20,935/10gm. Contract volume was 2,238 lots. MCX gold mini, most active March contract closed at Rs 20,967/10 gm, up Rs 19 and fluctuated between Rs 20,969- 21,927/10gm. Total volume was 2,970 lots. Benchmark silver May closed at Rs 54,039/kg, down Rs eight and fluctuated between Rs 54,244- 53,876/kg. Total volume was 4,535 lots. MCX silver mini April futures ended at Rs 54,039/kg, down Rs 36 and fluctuated between Rs 54,960- 54,656/kg. Total volume so far was 8,900 lots.