Monday, February 9, 2015

DAILY COMMODITY REPORT FOR 09/FEB/2015

Precious Metals
D A I L Y B U Z Z
GOLD
Gold prices rose by 0.42 per cent on Friday at the domestic markets as investors awaited US non-farm payroll data and the latest twist in Greece's efforts to renegotiate with creditors. The European Central Bank said it would no longer accept Greek bonds as collateral for lending, shifting the burden on to Greece’s central bank to provide additional liquidity for its lenders and increasing pressure on Athens. Gold futures for April 2015 contract, at MCX, were trading at Rs. 27,417 per 10 grams, up by 0.42 per cent after opening at Rs. 27,345 against the previous closing price of Rs. 27,301. It touched the intra-day high of Rs. 27,440 till the trading. (At 11.59 AM ).
Agro Outlook
D A I L Y B U Z Z
DHANIYA
Coriander prices rose by 0.12 per cent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the limited stocks on account of restricted arrivals from the major growing belts. At the NCDEX, coriander futures for April 2015 contract was trading at Rs. 7,530 per quintal, up by 0.12 per cent after opening at Rs. 7,515 against the previous closing price of Rs. 7,521. It touched the intra-day high of Rs. 7,611 till the trading. (At 11.45 AM).

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