Precious Metals
D A I L Y B U Z Z
SILVER
Silver prices were up by Rs 98 to Rs 43,089 per kg in futures trade today as participants created speculative positions on a firming trend in the precious metal overseas.
At the Multi Commodity Exchange, silver for delivery in December traded higher by Rs 98, or 0.23 per cent, to Rs 43,089 per kg in a business turnover of 91 lots.
On similar lines, the metal for delivery in September traded higher by Rs 70, or 0.17 per cent, to Rs 42,310 per kg in a turnover of 1,533 lots.
In the international market, silver added 0.26 per cent to trade at $ 19.45 an ounce in
Singapore.
Market analysts attributed the gains in silver prices at futures trade to a firming trend overseas.
Agro Outlook
D A I L Y B U Z Z
CARDAMOM
Cardamom prices edged higher by 0.71 per cent to Rs 953 per kg in futures trading today as speculators engaged in creating positions amid rising demand in the spot market.
Besides, tight supplies in the physical market from producing belt further fuelled the uptrend.
At the Multi Commodity Exchange, cardamom for delivery in October rose by Rs 6.70, or 0.71
per cent , to Rs 953 per kg in a business turnover of 22 lots.
Similarly, the spice for delivery in September gained Rs 5.30, or 0.55 per cent, to Rs 962 per kg in 156 lots.
Market analysts said speculators enlarging positions on the back of rising demand in the spot markets kept cardamom prices higher at futures trade.
