Precious Metals
SILVER GOLD
D A I L Y B U Z Z
Gold futures prices rose by 0.79 per cent to Rs 29,000 per 10 gm today as speculators enlarged their positions on the back of firming global trends.
At the Multi Commodity Exchange, Gold for delivery in February, 2014 rose by Rs 228, or 0.79 per cent, to Rs 29,000 per 10 grams, with a business turnover of 11 lots.
In a similar fashion, the metal for delivery in December contracts moved up by Rs 226, or 0.78 per cent, to Rs 29,315 per 10 grams, with a trade volume of 666 lots.
Silver futures prices today rose by 0.75 per cent, to Rs 49,714 per kg, largely in tandem with a firming trend in precious metals in the global markets.
At the Multi Commodity Exchange, silver for delivery in December rose by Rs 368, or 0.75 per cent, to Rs 49,714 per kg in a business turnover of fiv e lots.
Similarly, the white metal for delivery in December traded Rs 352, or 0.70 per cent, higher at Rs 48,549 per kg in a turnover of 551 lots. In the international market, silver traded a shade higher at USD 21.74 an ounce in Singapore.
Base Metals & Energy
COPPER CRUDE OIL
D A I L Y B U Z Z
Buoyed by a firm global trend and increased domestic demand, copper prices rose by 0.54 per cent to Rs 467 per kg in futures trade today.
At the Multi Commodity Exchange, copper for delivery in November traded higher by Rs 2.45, or 0.54 per cent to Rs 456.65 per kg in business turnover of 1,263 lots.
Similarly, the metal for delivery in February next year, edged up by Rs 2.15, or 0.46 per cent to Rs 467 per kg in a turnover of 51 lots.
Globally, copper for delivery in three months traded higher at USD 7,266.25 a tonne on the London Metal Exchange (LME).
Supported by demand in the domestic spot market and a firming global trend, lead futures prices today rose marginally to Rs 127.80 per kg.
At the Multi Commodity Exchange, lead for delivery in November traded 90 paise, or 0.71 per cent, higher to Rs 127.80 per kg, with a turnover of 15 lots.
The metal for delivery in October gained 80 paise, or 0.63 per cent, to Rs 126.80 per kg in a business volume of 434 lots.
Agro Outlook
CHANA DHANIYA
D A I L Y B U Z Z
Supported by strong demand in the spot market and restricted arrivals from producing regions, cardamom prices rose further by Rs 2.40 to Rs 751 per kg in futures trade today.
At the Multi Commodity Exchange, cardamom for delivery in November added Rs 2.40, or 0.32
per cent, to Rs 751 per kg in business turnover of 388 lots.
Similarly, the spice for delivery in October edged up 60 paise, or 0.08 per cent, to Rs 706.50 per
kg in 546 lots.
Mentha oil prices moved up by 0.18 per cent to Rs 870.80 per kg in futures trade today as
speculators created fresh positions amid rising demand from consuming industries in the spot
market.
Besides, tight supplies in the physical market following less arrivals from Chandausi in Uttar
Pradesh also supported the uptrend.
At the Multi Commodity Exchange, mentha oil for delivery in October month rose by 1.60, or
0.18 per cent, to Rs 870.80 per kg in business turnover of 206 lots.
Likewise, the oil for delivery in November edged up by Rs 1.30, or 0.15 per cent, to Rs 884.50
per kg in 6 lots.
