Precious Metals
SILVER GOLD
SILVER GOLD
D A I L YB U Z Z
Gold prices fell 0.24 per cent to Rs 30,460 per 10 gram in futures trade today as participants reduced their positions largely in tandem with a weak trend overseas amid profit booking.
At the Multi Commodity Exchange, Gold for delivery in far-month February next year eased by Rs 73, or 0.24 per cent, to Rs 30,460 per 10 gram in business turnover of 26 lots.
Likewise, the metal for delivery in December shed Rs 63, or 0.20 per cent, to Rs 30,797 per 10 gram in 613 lots.
Analysts said a weakening trend in the overseas markets, before the US Federal Reserve begins a meeting where policy makers may decide on the pace of monetary stimulus, mainly weighed on the gold prices in futures trade here.
Globally, gold fell 0.23 per cent to USD 1,349.80 an ounce in Singapore today.
Base Metals & Energy
COPPER CRUDE OIL
D A I L Y B U Z Z
Lead prices traded marginally higher by 0.37 per cent to Rs 134.80 per kg in futures trade today as
speculators created fresh positions after a rise in demand from battery-maker in the spot market.
At the Multi Commodity Exchange, lead for delivery in October traded higher by 50 paise, or 0.37 per
cent, to Rs 134.80 per kg in business turnover of 3,474 lots.
Likewise, the metal for delivery in November edged up by 35 paise, or 0.26 per cent, to Rs 136.05 per kg in 441 lots.
Market analysts said fresh positions built up by speculators on the back of a rise in demand from battery-maker in the spot market mainly helped lead prices to trade higher in futures trade.
Nickel prices moved up by 0.55 per cent to Rs 895.50 per kg in futures trading today as speculators
enlarged their positions, driven by pick up in demand from alloy-maker in the spot market.
At the Multi Commodity Exchange, nickel for delivery in October rose by Rs 4.90, or 0.55 per cent, to Rs 895.50 per kg in business turnover of 2,815 lots.
Likewise, the metal for delivery in November moved up by Rs 4.30, or 0.48 per cent, to Rs 902.30 per kg in 367 lots.
Market analysts attributed the rise in nickel futures to pick up in demand from alloy-maker in the spot
market.
Agro Outlook
CHANA DHANIYA
D A I L Y B U Z Z
Cardamom prices up by 2.12 per cent to Rs 758 per kg in futures trade today after speculators
built up positions supported by rising demand at spot markets.
Besides, tight stocks position in the spot market following lower arrivals from producing regions
also influenced prices.
At the Multi Commodity Exchange, cardamom for delivery in November rose by Rs 15.80, or
2.12 per cent, to Rs 758 per kg, with a business turnover of 877 lots.
The spice for delivery in December increased by Rs 7.50, or 0.99 per cent, to Rs 762.40 per kg
with a trading volume of 253 lots.
Traders said firm demand in the physical market against restricted arrivals from producing belts
mainly influenced cardamom prices at futures trade.
