Wednesday, 18 June 2014

PRECIOUS METALS TIPS 18 JUNE 2014

Precious Metals
DAILY BUZZ
GOLD
Gold futures prices today fell by 0.23 per cent to Rs 26,834 per 10 grams as speculators offloaded their positions to book profits amid a weak global trend.
 

At the Multi Commodity Exchange, gold prices for delivery in far-month October fell Rs 61, or 0.23 per cent, to Rs 26,834 per 10 grams in business turnover of seven lots.
 

Similarly, metal prices for delivery in August declined by Rs 55, or 0.20 per cent, to Rs 26,776
per ten grams in 181 lots.
 

SILVER
Silver prices declined 0.28 per cent to Rs 42,085 per kg in futures trade today as speculators booked profits amid a weak trend in the global markets.
 

At the Multi Commodity Exchange, Silver prices for delivery in July traded lower by Rs 119, or 0.28 per cent, to Rs 42,085 per kg in business turnover of 341 lots.
 

Similarly, the white metal prices for delivery in September declined by Rs 93, or 0.22 per cent, to Rs 42,325 per kg in business volume of 12 lots. In the international market, silver prices traded 0.40 per cent lower at USD 19.58 an ounce in Singapore.


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