Thursday, 12 February 2015

Precious-Metal-Trading-Tips-Free-On-12.02.2015

Silver futures prices today fell by Rs 213, to trade at Rs 37,585 per kg as speculators locked-in gains at prevailing levels even as metal strengthened overseas. At the Multi Commodity Exchange, silver for delivery in March traded lower by Rs 213, or 0.56 per cent, to Rs 37,585 per kg in a business turnover of 470 lots.
Gold
At the mcx gold futures for February 2015 contract was trading at Rs 26,838 per 10 gram, down by 0.07 percent after opening at Rs 26,874, against the previous closing price of Rs 26,856. It touched the intra-day high of Rs 26,894 till the trading. Gold futures held flat on Wednesday at the domestic markets with Greece firmly in focus and China data ahead. Stronger dollar makes the precious metal expensive for those holding other currencies, thus reducing demand.

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