Thursday, 19 June 2014

PRECIOUS METALS TIPS 19 JUNE 2014

Precious Metals
DAILY BUZZ
GOLD
Amidst a weak trend overseas, gold prices fell 0.50 per cent to Rs 26,706 per 10 gram in futures trade today as speculators indulged in trimming positions.
 

At the Multi Commodity Exchange, gold for delivery in August contracts eased by Rs 133, or 0.50 per cent, to Rs 26,706 per 10 gram in business turnover of 339 lots.
 

Likewise, the metal for delivery in far-month October contracts shed Rs 124, or 0.46 per cent, to Rs 26,767 per 10 gram in four lots.
 

Globally, gold was trading lower at USD 1,269.25 an ounce in Singapore today from USD 1,270.58 yesterday.

SILVER
Tracking a weak global trend, silver futures prices today fell 0.48 per cent to Rs 42,170 per kg as speculators reduced positions.
 

At the Multi Commodity Exchange, silver prices for delivery in July drifted by Rs 204, or 0.48 per cent, to Rs 42,170 per kg in business turnover of 627 lots.
 

Similarly, the white metal prices for delivery in September lost Rs 188, or 0.44 per cent, at Rs 42,439 per kg in 73 lots.


No comments:

Post a Comment