Monday, 8 September 2014

PRECIOUS METALS TIPS FOR THE WEEK AS ON SEPTEMBER 08, 2014

Precious Metals
D A I L Y B U Z Z
SILVER
Silver prices traded lower by 0.10 per cent to Rs 42,035 per kg in futures trade today as speculators offloaded positions on the back of a weak global trend.
 

At the Multi Commodity Exchange, silver for delivery in far-month December fell by Rs 41, or 0.10 per cent, to Rs 42,035 per kg in business turnover of 412 lots.
 

Market analysts said speculators trimmed positions in line with a weak global trend mainly helped silver prices to trade lower at futures market here.
 

Meanwhile, silver lost 0.2 per cent to $19.00 an ounce, the lowest since June 10 in Singapore.

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