Monday, March 25, 2013

Weekly MCX Commodity Market Report 25 March 2013


Gold prices fell by 0.25 per cent to Rs 29,752 per ten grams in futures trading today as speculators trimmed their positions in tandem with a weak global trend. At the Multi Commodity Exchange, gold for delivery in April fell by Rs 75, or 0.25 per cent to Rs 29,752 per ten grams in business turnover of 8,063 lots. 
In a similar fashion, the yellow metal for delivery in June lost Rs 72, or 0.24 per cent to Rs 30,315 per ten grams in 1,178 lots. Silver prices moved down by Rs 0.59 per cent to Rs 54,737 per kg in futures trade today as speculators offloaded their positions, tracking a weak global trend. 
At the Multi Commodity Exchange, Silver for delivery in May moved down by Rs 326, or 0.59 per cent to Rs 54,737 per kg in business turnover of 10515 lots. Similarly, the white metal for delivery in July lost Rs 308, or 0.55 per cent to Rs 55,987 per kg in 325 lots.

Lead futures prices today rose by 0.68 per cent to Rs 119 per kg on higher spot demand and positive cues from global markets. At the Multi Commodity Exchange, lead for delivery in March traded 80 paise, or 0.68 per cent higher, at Rs 119 per kg, with a turnover of 2,099 lots. 
The metal for delivery in April also rose by 75 paise, or 0.67 per cent, to Rs 119.75 per kg in a turnover of 360 lots. Taking positive cues from the global markets and better domestic demand, zinc futures prices today edged up by 0.58 per cent to Rs 104.50 per kg as speculators enlarged positions. 
At the Multi Commodity Exchange, zinc for delivery in March up by 60 paise, or 0.58 per cent, to Rs 104.50 per kg, with a business turnover of 1,219 lots. The metal for delivery in April also rose by 55 paise, or 0.52 per cent, to Rs 105.85 per kg in a business volume of 103 lots.

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