Precious Metals
SILVER GOLD
D A I L Y B U Z Z
Gold prices rose by 0.83 per cent to Rs 29,324 per ten grams in futures trade today as speculators created fresh positions, tracking a firm global trend.
At the Multi Commodity Exchange, gold for delivery in April rose by Rs 239, or 0.83 per cent, to Rs 28,650 per ten grams in a business turnover of 91 lots.
Similarly, the metal for delivery in February moved up by Rs 207, or 0.71 per cent, to Rs 29,117 per ten grams in 3,919 lots.
Silver prices moved up by 1.81 per cent to Rs 45,849 per kg in futures market today as speculators created fresh positions on higher global trend.
At the Multi Commodity Exchange, silver for delivery in May rose by Rs 813, or 1.81 per cent, to Rs 45,849 per kg in business turnover of 149 lots.
Likewise, the white metal for delivery in March moved up by Rs 756, or 1.71 per cent, to Rs 44,916 per kg in 6,957 lots.
Base Metals & Energy
COPPER CRUDE OIL
D A I L Y B U Z Z
Taking weak cues from global markets, aluminium prices fell to Rs 106.75 per kg in futures trading today as speculators offloaded positions.
Further, sluggish demand in the domestic spot markets also weighed on the metal prices.
At the Multi Commodity Exchange, aluminium for delivery in December declined by 55 paise, or 0.51
per cent, to Rs 106.75 per kg in business turnover of 153 lots. Similarly, the metal for delivery in January 2014 contracts traded lower by 50 paise, or 0.46 per cent, to Rs 108.50 per kg in 13 lots.
Amid a weak trend in the global markets and sluggish domestic demand, zinc futures today fell 0.21 per cent to Rs 116.75 per kg as participants reduced their positions.
At the Multi Commodity Exchange, zinc for delivery in January traded lower by 25 paise, or 0.21 per
cent, to Rs 116.75 per kg, with a business turnover of six lots.
The metal for delivery in current month fell by 20 paise, or 0.17 per cent, to Rs 115.55 per kg in a
turnover of 110 lots.
Nickel prices dropped 0.39 per cent to Rs 850.60 per kg in futures trade today after participants
trimmed holdings tracking a weak trend overseas amid sluggish demand from alloy-makers in the spot
market. At the Multi Commodity Exchange, nickel for delivery in January next year dropped by Rs 3.30, or 0.39 per cent, to Rs 850.60 per kg in a business turnover of 19 lots. The metal for delivery in current month shed Rs 2.70, or 0.32 per cent, to Rs 842 per kg in 48 lots.
Agro Outlook
CHANA DHANIYA
D A I L Y B U Z Z
Cardamom prices fell by Rs 12.70 to Rs 615.30 per kg in futures trade today due to the adequate
stocks availability in the physical market on account of higher supply from the producing belts.
Sentiment weakened further as the traders booked profits at the prevailing levels in the midst of
a subdued demand for the commodity.
At the Multi Commodity Exchange, cardamom for delivery in December declined Rs 12.70, or
2.02 per cent, to Rs 615.30 per kg in a business turnover of 3 lots.
Similarly, the spice for delivery in January traded lower by Rs 1.30, or 0.18 per cent, to Rs 719.80
per kg with trading volume of 249 lots.
Market analysts said offloading of positions by traders amid a weak spot market trend on subdued demand mainly led to a fall in cardamom futures prices.
Adequate stocks position in the physical market also influenced trading in cardamom prices, they said.
