MCX Tips--Gold, silver trade up with with marginal gains

Gold, silver futures traded bullish with mild gains during the early hours of trading on Multi Commodity Exchange (MCX) Thursday though appreciating rupee may limit the gains. Overseas market moved slightly up. International gold traded at USD 1,408.00/oz, down 7.20. MCX's most active April contract at Rs 21,177, up Rs 25 and so far moved between Rs 21,178- 21,051/10gm. Contract volume was 1,522 lots. MCX gold mini most active March contract traded at Rs 20,997/10 gm, up Rs 26 and fluctuated between Rs 21,013- 20,917/10gm. Volume was 97 lots. Most active silver March contract gained Rs 224 at Rs 51,250/kg and so far made intra-day high and low of Rs 51,250- 50,651/kg so far. Volume so far was 142 lots. MCX silver mini April contract moved up Rs 200 at Rs 52,282/kg and traded between Rs 52,291- 51,840/kg. Volume recorded 6,113 lots.