Wednesday, 23 July 2014

TODAY GOLD & SILVER TIPS FOR 23 JULY 2014

Precious Metals
D A I L Y B U Z Z
GOLD
Gold prices moved down by 0.35 per cent to Rs 27,990 per 10 gram in futures trade today after participants offloaded partial positions, taking weak cues from global market.
 

At the Multi Commodity Exchange, Gold for delivery in August declined by Rs 97, or 0.35 per cent, to Rs 27,990 per 10 gram in business turnover of 176 lots.
 

Likewise, the metal for delivery in far-month October contracts shed Rs 88, or 0.31 per cent, to Rs 28,040 per 10 gram in four lots.
 

SILVER
Silver prices fell 0.50 per cent to Rs 44,948 per kg in futures trade today as participants trimmed their positions, tracking a weakening trend in precious metals overseas.
 

At the Multi Commodity Exchange, Silver for delivery in September contracts shed Rs 226, or 0.50 per cent, to Rs 44,948 per kg in business turnover of 302 lots.
 

Similarly, the white metal for delivery in far-month December month declined by Rs 195, or 0.42 per cent, to Rs 45,801 per kg in business volume of six lots.


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