Precious Metals
D A I L Y B U Z Z
SILVER
At 15:43 hrs MCX SILVERMIC February contract was trading at Rs 37251 up Rs 178, or 0.48 percent. The SILVERMIC rate touched an intraday high of Rs 37400 and an intraday low of Rs 36751. So far 27275 contracts have been traded. SILVERMIC prices have moved down Rs 1694, or 4.35 percent in the February series so far. MCX SILVERMIC April contract was trading at Rs 37900 up Rs 181, or 0.48 percent. The SILVERMIC rate touched an intraday high of Rs 38047 and an intraday low of Rs 37391. So far 1321 contracts have been traded. SILVERMIC prices have moved down Rs 2399, or 5.95 percent in the April series so far.
Base Metals
D A I L Y B U Z Z
LEAD
Lead prices fell by 0.04 per cent on Wednesday at the domestic markets due to the surge in the lead stockpiles at the London Metal Exchange (LME) on account of the weak demand for the commodity. LME lead stocks rose by 11275 metric tonnes to 228825 metric tonnes as on December 3, 2014. At the MCX, Lead futures, for the November 2014 contract, is trading at Rs 125.90 per kg, down by 0.04 per cent, after opening at Rs 125.30, against a previous close of Rs 125.95. It touched an intra-day low of Rs 125.30 till the trading. (At 3.45 PM).
