SILVER GOLD
D A I L Y B U Z Z
Silver prices fell 0.19 per cent to Rs 49,790 per kg in futures trade today after speculators locked in gains even as metal surged in the overseas markets.
At the Multi Commodity Exchange, silver for delivery in December traded lower by Rs 94, or 0.19 per cent, to Rs 49,790 per kg in business turnover of 335 lots.
Similarly, the white metal for delivery in March 2014 contracts declined by Rs 38, or 0.07 per cent, to Rs 51,155 per kg in business volume of 2 lots.
In the international market, silver traded 0.3 per cent lower at $22.76 an ounce in Singapore.
Market analysts said the fall in silver prices at futures trade was mostly attributed to profit- booking by participants but metal's gain overseas on speculation that the Federal Reserve may delay a reduction in stimulus until next year after weak US jobs report, capped the losses..
COPPER CRUDE OIL
D A I L Y B U Z Z
At the Multi Commodity Exchange, silver for delivery in December traded lower by Rs 94, or 0.19 per cent, to Rs 49,790 per kg in business turnover of 335 lots.
Similarly, the white metal for delivery in March 2014 contracts declined by Rs 38, or 0.07 per cent, to Rs 51,155 per kg in business volume of 2 lots.
In the international market, silver traded 0.3 per cent lower at $22.76 an ounce in Singapore.
Market analysts said the fall in silver prices at futures trade was mostly attributed to profit- booking by participants but metal's gain overseas on speculation that the Federal Reserve may delay a reduction in stimulus until next year after weak US jobs report, capped the losses..
COPPER CRUDE OIL
D A I L Y B U Z Z
Lead prices fell 0.52 per cent to Rs 134.40 per kg in futures trading today largely in tandem with a weak trend overseas amid subdued spot demand.
At the Multi Commodity exchange, lead for delivery in November declined 70 paise, or 0.52 per cent, to Rs 134.40 per kg in business turnover of 24 lots.
Similarly, the metal for delivery in the October contracts shed 55 paise, or 0.41 per cent, to Rs 133.10 per kg in 518 lots.
Market analysts said a weak trend in copper and other base metals in the global market after US payrollsrose less than forecast, curbing demand prospects for industrial metals in the world's largest economy, weighed on prices.
Besides, subdued demand in the domestic spot markets from battery-makers also influenced prices, they
said.
JEERA DHANIYA
D A I L Y B U Z Z
Jeera prices gained 0.73 per cent to Rs 12,727.50 per quintal in futures trading today as speculators enlarged their positions, driven by rising demand in the spot market amid lower arrivals from producing regions.
At the National Commodity and Derivatives Exchange, jeera for delivery in November month gained Rs 92.50, or 0.73 per cent, to Rs 12,727.50 per quintal with an open interest of 10,173 lots.
Similarly, the spice for delivery in December traded up by Rs 82.50, or 0.64 per cent, to Rs 12,930 per quintal in 3,042 lots.
Turmeric prices rose 1.52 per cent to Rs 4,954 per quintal in futures market today as speculators enlarged positions on the back of export demand.
At the National Commodity and Derivatives Exchange, turmeric for delivery in December rose by Rs 74, or 1.52 per cent, to Rs 4,954 per quintal with open interest of 7,935 lots.
Likewise, the spice for delivery in November went up by Rs 56, or 1.17 per cent, to Rs 4,848 per
quintal in 14,690 lots.
