RESEARCH VIA ~ TODAY'S MCX COMMODITY TIPS 25/10/2013

Precious Metals

D A I L Y

B U Z Z

Gold price moved up by 0.27 per cent to Rs 30,252 per ten gram in futures trade today as speculators created fresh positions on firm global cues.

At the Multi Commodity Exchange, gold for delivery in December month rose by Rs 81, or 0.27 per cent, to Rs 30,252 per ten gram in business turnover of 2,545 lots.

Similarly, the metal for delivery in February moved up by Rs 48, or 0.16 per cent, to Rs 29,933 per ten gram in 46 lots.

Silver prices edged up by 0.33 per cent to Rs 51,343 per kg in futures market today as speculators created fresh positions on higher global trend.

At the Multi Commodity Exchange, silver for delivery in March month rose by Rs 167, or 0.33 per cent, to Rs 51,343 per kg in business turnover of 34 lots.

Likewise, the white metal for delivery in December traded higher by Rs 145, or 0.29 per cent, to Rs 49,905 per kg in 3,322 lots.

Meanwhile, silver rose by 0.40 per cent to $22.65 an ounce in London.

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