GOLD SILVER
D A I L Y B U Z Z
Tracking a firm global trend, gold prices rose by Rs 213 to Rs 28,410 per 10 grams in futures trade today as speculators enlarged their positions.
Sentiment bolstered after gold surged to over 2-week high in overseas markets on speculation that demand will increase in Asia, the largest consuming region, traders said.
At the Multi Commodity Exchange, gold for delivery in far-month April rose by Rs 213, or 0.76 per cent to Rs 28,410 per 10 grams in business turnover of 122 lots.
In a similar fashion, the yellow metal for delivery in February moved up by Rs 162, or 0.56 per cent to Rs 29,130 per 10 grams in 1,529 lots.
Globally, gold climbed one per cent to $1,237.03 an, the highest level since December 18, in Singapore.
CHANA DHANIYA
D A I L Y B U Z Z
Chana prices declined by 0.42 per cent to Rs 3,061 per quintal in futures trading today as participants trimmed positions, triggered by increased supplies from producing regions.
At the National Commodity and Derivative Exchange, chana for delivery in January declined by Rs 13, or 0.42 per cent, to Rs 3,061 per quintal with an open interest of 65,900 lots.
Similarly, the commodity for delivery in February traded lower by similar margin to Rs 3,116 per quintal in 58,850 lots.
Analysts said participants trimmed positions, triggered by increased supplies from producing regions against low demand in the spot market mainly weighed on chana prices at futures trade.
