Precious Metals
D A I L Y B U Z Z
SILVER
Silver prices fell by 0.35 per cent to Rs 47,650 per kg in futures trade today as participants indulged in reducing exposures, taking weak cues from the global market.
At the Multi Commodity Exchange, silver for delivery in March fell by Rs 167, or 0.35 per cent, to Rs 47,650 per kg in business turnover of 915 lots.
Similarly, the white metal for delivery in May declined by Rs 163, or 0.33 per cent, to Rs 48,606 per kg in business volume of 347 lots.
Market analysts said a subdued trend in the precious metals overseas due to weaker physical demand at prevailing higher levels, attributed fall in silver prices at futures trade here.
In the international market, silver eased to USD 21.84 an ounce from USD 21.86 in Singapore.
Base Metals & Energy
D A I L Y B U Z Z
COPPER
Buoyed by a firm Asian trend and increased domestic demand, copper prices rose by 0.20 per cent to Rs 445.45 per kg in futures trade today.
At the Multi Commodity Exchange, copper for delivery in February traded higher by 90 paise, or 0.20 per cent, to Rs 445.45 per kg in business turnover of 931 lots.
Similarly, the metal for delivery in April edged up by 50 paise, or 0.11 per cent, to Rs 445.55 per kg in a turnover of 265 lots.
Meanwhile, copper for delivery in May on the Shanghai Futures Exchange rose 0.2 per cent to 49,630 yuan (USD 8,101) per tonne.
LEAD
Supported by strong demand in the spot market, lead futures prices today rose marginally to Rs
130.55 per kg.
At the Multi Commodity Exchange, lead for delivery in February traded 35 paise, or 0.27 per cent higher at Rs 130.55 per kg, with a turnover of 464 lots. The metal for delivery in March traded a shade higher at Rs 131.70 per kg in a turnover of 99 lots.
D A I L Y B U Z Z
SILVER
Silver prices fell by 0.35 per cent to Rs 47,650 per kg in futures trade today as participants indulged in reducing exposures, taking weak cues from the global market.
At the Multi Commodity Exchange, silver for delivery in March fell by Rs 167, or 0.35 per cent, to Rs 47,650 per kg in business turnover of 915 lots.
Similarly, the white metal for delivery in May declined by Rs 163, or 0.33 per cent, to Rs 48,606 per kg in business volume of 347 lots.
Market analysts said a subdued trend in the precious metals overseas due to weaker physical demand at prevailing higher levels, attributed fall in silver prices at futures trade here.
In the international market, silver eased to USD 21.84 an ounce from USD 21.86 in Singapore.
Base Metals & Energy
D A I L Y B U Z Z
COPPER
Buoyed by a firm Asian trend and increased domestic demand, copper prices rose by 0.20 per cent to Rs 445.45 per kg in futures trade today.
At the Multi Commodity Exchange, copper for delivery in February traded higher by 90 paise, or 0.20 per cent, to Rs 445.45 per kg in business turnover of 931 lots.
Similarly, the metal for delivery in April edged up by 50 paise, or 0.11 per cent, to Rs 445.55 per kg in a turnover of 265 lots.
Meanwhile, copper for delivery in May on the Shanghai Futures Exchange rose 0.2 per cent to 49,630 yuan (USD 8,101) per tonne.
LEAD
Supported by strong demand in the spot market, lead futures prices today rose marginally to Rs
130.55 per kg.
At the Multi Commodity Exchange, lead for delivery in February traded 35 paise, or 0.27 per cent higher at Rs 130.55 per kg, with a turnover of 464 lots. The metal for delivery in March traded a shade higher at Rs 131.70 per kg in a turnover of 99 lots.
