Friday, 18 April 2014

PRECIOUS METALS TIPS April 21, 2014

DAILY BUZZ
GOLD 
  • Gold futures fell by 0.21 per cent to Rs 28,148 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 August, fell by Rs 59, or 0.21 per cent, to trade at Rs 28,148 per 10 grams in a turnover of 18 lots. 
  • On similar lines, the metal for delivery in June shed Rs 54, or 0.19 per cent, to Rs 28,535 per 10 grams in 389 lots. 
  • Globally, gold lost as much as 0.19 per cent to USD 1,299.70 an ounce in Singapore. 
SILVER 
  • Silver futures fell by 0.57 per cent to Rs 42,175 per kg today as speculators engaged in trimming positions, tracking a weak trend overseas. 
  • At the Multi Commodity Exchange, silver for delivery in May traded lower by Rs 241, or 0.57 per cent, to Rs 42,175 per kg in a business turnover of 855 lots. 
  • Similarly, the white metal for delivery in July declined by Rs 243, or 0.56 per cent, to Rs 42,935 per kg in a business volume of 39 lots.
  •  In the international market, silver traded 0.71 per cent lower at USD 19.49 an ounce in Singapore. 

No comments:

Post a Comment