Thursday, August 7, 2014

DAILY MCX COMMODITY GOLD TIPS & SILVER UPDATE 07/08/2014

Precious Metals
D A I L Y B U Z Z
GOLD 
Gold prices rose 0.41 per cent to Rs 28,230 per 10 grams in futures trading today as speculators enlarged positions amid a firming trend overseas.

At the Multi Commodity Exchange, gold for delivery in October rose by Rs 116, or 0.41 per cent, to Rs 28,230 per 10 grams in a business turnover of 604 lots.

Similarly, the yellow metal for delivery in December traded higher by Rs 116, or 0.41 per cent, to Rs 28,195 per 10 grams in 9 lots.

SILVER
Silver prices edged higher by Rs 170 to Rs 43,551 per kg in futures trading today as speculators created fresh positions on firming global trend.

At the Multi Commodity Exchange, silver for delivery in September traded higher by Rs 170, or 0.39 per cent, to Rs 43,551 per kg in a business turnover of 352 lots.

Likewise, the white metal for delivery in far-month December traded higher by Rs 153, or 0.35 per cent, to Rs 44,325 per kg in 7 lots.

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