Tuesday, March 24, 2015

REPORT ON MCX GOLD & SILVER FOR 24 MARCH 2015

Precious Metals
D A I L Y B U Z Z
GOLD
Gold prices fell by 0.25 per cent to Rs 26,200 per 10 grams in futures trade today amidst a weak trend overseas and profit-booking by speculators.

At the Multi Commodity Exchange, gold for delivery in June eased by Rs 65, or 0.25 per cent, toRs 26,200 per
10 grams in a business turnover of 24 lots.

Likewise, the metal for delivery in April shed Rs 62, or 0.24 per cent, to Rs 26,120 per 10 gramsin 606 lots.

Globally, gold traded lower at USD 1,182.30 an ounce in Singapore today.

SILVER
Silver prices fellsharply by Rs 318 to Rs 37,471 per kg in futures trade today as speculators reduced their positions amidst a weak global trend.

At the Multi Commodity Exchange, silver for delivery in May moved down by Rs 318, or 0.84per cent, to Rs 37,471 per kg in a business turnover of 1,317 lots.

Also, the white metal for delivery in July fell by Rs 312, or 0.82 per cent, to Rs 37,927 per kg in 76 lots. 

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