Gold-Silver News of 23rd January 2015

the precious metals space, gold prices rise above USD 1300 dollars an ounce post the ECB decision as gold is usually seen as a hedge against inflationary concerns.

Read more at: http://www.moneycontrol.com/news/market-cues/global-cues-positive-can-nifty-see-new-record-highs-today_1282078.html?utm_source=ref_article

the precious metals space, gold prices rise above USD 1300 dollars an ounce post the ECB decision as gold is usually seen as a hedge against inflationary concerns.

Read more at: http://www.moneycontrol.com/news/market-cues/global-cues-positive-can-nifty-see-new-record-highs-today_1282078.html?utm_source=ref_article

Silver

Multi Commodity Exchange SILVER February contract was trading at Rs 40129 up Rs 39, or 0.10 percent. The SILVER rate touched an intraday high of Rs 40135 and an intra day low of Rs 40000. So far 1594 contracts have been traded. SILVER prices have moved down Rs 3938, or 8.94 percent in the February series so far. 

MCXSILVER April contract was trading at Rs 40799 up Rs 29, or 0.07 percent. The SILVER rate touched an intraday high of Rs 40799 and an intraday low of Rs 40697. So far 44 contracts have been traded. SILVER prices have moved up Rs 1573, or 4.01 percent in the April series so far.

Gold

The precious metals, gold prices rise above USD 1300 dollars an ounce post the ECB decision as gold is usually seen as a hedge against inflationary concerns.

the precious metals space, gold prices rise above USD 1300 dollars an ounce post the ECB decision as gold is usually seen as a hedge against inflationary concerns.

Read more at: http://www.moneycontrol.com/news/market-cues/global-cues-positive-can-nifty-see-new-record-highs-today_1282078.html?utm_source=ref_artOn the similar lines, the white metal for delivery

On the similar lines, the white metal for delivery in March contracts rose by Rs 490, or 1.24 per cent, to Rs 40,012 per kg in 3,148 lots.