Wednesday, October 1, 2014

DAILY MCX COMMODITY GOLD SILVER REPORT FOR 1 OCT 2014

Precious Metals
D A I L Y B U Z Z
GOLD
Gold futures fell by 0.51 per cent to Rs 26,862 per 10 grams today as participants indulged in reducing exposures, largely in tandem with a global trend.

At the Multi Commodity Exchange, gold for delivery in far-month December eased by Rs 137, or 0.514 per cent, to trade at Rs 26,862 per 10 grams in a turnover of 5,548 lots.

Also, the metal for delivery in October month contracts fell by Rs 61, or 0.23 per cent, to Rs 26,852 per 10 grams in 3,116 lots.

Globally, gold lost as much as 0.40 per cent to USD 1,210.94 an ounce in London.

SILVER
Silver prices fell by 0.77 per cent to Rs 39,050 per kg in futures trading today as speculators offloaded positions, triggered by a weak global trend.

At the Multi Commodity Exchange, silver for delivery in far-month December contracts fell Rs 304, or 0.77 per cent to Rs 39,050 per kg in business turnover of 8,070 lots. 

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