TODAY GOLD AND SILVER TIPS FOR 8 AUGUST 2014

Precious Metals

D A I L Y B U Z Z

GOLD
Gold prices edged up marginally by 0.08 per cent to Rs 28,604 per 10 grams in futures trading today as speculators enlarged positions, tracking a firming global trend.

At the Multi Commodity Exchange, gold for delivery in far-month December edged up by Rs 24, or 0.08 per cent to Rs 28,604 per ten gram in business turnover of 155 lots.

Likewise, the yellow metal for delivery in October traded higher by Rs 17, or 0.06 per cent to Rs 28,650 per ten gram in 3,629 lots.

SILVER
Silver prices moved up by 0.26 per cent to Rs 44,036 per kg in futures trade today as speculators enlarged positions, supported by a firming global trend.

At the Multi Commodity Exchange, silver for delivery in September advanced by Rs 116, or 0.26 per cent to Rs 44,036 per kg in business turnover of 1,979 lots.

In a similar fashion, the white metal for delivery in far-month December gained Rs 100, or 0.22 per cent to Rs 44,803 per kg in 24 lots.

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