Saturday, 14 February 2015

16.02.2015-TRADING-TIPS-ON-PRECIOUS-METALS

Silver prices went up by a whopping Rs 285 to Rs 37,510 per kg in futures trade today after participants built-up speculative positions, largely driven by a firming trend overseas. At the Multi Commodity Exchange ( MCX), silver for delivery in March shot up by Rs 285, or 0.77 per cent, to Rs 37,510 per kg in a business turnover of 859 lots. Similarly, the white metal for delivery in May rose by Rs 281, or 0.75 percent, to Rs 37,746 per kg in 27 lots.

Gold prices rose by 0.63 percent on Friday at the domestic markets. Gold futures for April 2015 contract, at mcx gold were trading at Rs. 26,686 per 10 grams, up by 0.63 percent after opening at Rs. 26,606 against the previous closing price of Rs. 26,519. It touched the intra-day high of Rs. 26,695 till the trading.

No comments:

Post a Comment