Friday, June 27, 2014

DAILY GOLD TIPS & SILVER UPDATES FOR 27 JUNE 2014

Precious Metals 
D A I L Y B U Z Z 
GOLD 
Gold prices fell by 0.30 per cent to Rs 27,667 per 10 grams in futures trade today amidst a weak trend overseas and profit-booking by speculators. 

At the Multi Commodity Exchange, gold for delivery in August eased by Rs 84, or 0.30 per cent, to Rs 27,667 per 10 grams with a business volume of of 269 lots. 

Likewise, the metal for delivery in October was down by Rs 67, or 0.24 per cent, to Rs 27,770 per 10 grams in 7 lots. 

SILVER 
Silver futures fell 0.52 per cent to Rs 44,419 per kg today as speculators reduced positions on weak cues from global markets. 

At the Multi Commodity Exchange, silver for delivery in July eased by Rs 234, or 0.52 per cent, to Rs 44,419 per kg in a business turnover of 464 lots. Similarly, the white metal for delivery in September lost Rs 227, or 0.50 per cent, to Rs 44,925 per kg in 91 lots. 

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