Silver
prices gained 0.20 percent to Rs 38,268 per kg in futures trading
today as speculators
enlarged positions amid positive cues from
overseas markets. At the Multi Commodity
Exchange, mcx silver for
delivery in May rose by Rs 77, or 0.20 percent, to Rs 38,609 per kg
in a
business turnover of 68 lots. Likewise, the metal for delivery
in March traded higher by Rs 64,
or 0.17 percent, to Rs 38,268 per
kg in 406 lots.
Gold
futures rose by 0.31 percent on Monday at the domestic markets as a
weaker dollar raised
the appeal of the bullion as an alternative
asset. Weaker dollar makes the precious metal
cheaper for those
holding other currencies, thus increasing demand. At the mcx gold
futures for February 2015 contract was trading at Rs 26,775 per 10
gram, up by 0.31
percent after opening at Rs 26,720, against the
previous closing price of Rs 26,691. It touched
the intra-day high
of Rs 26,784 till the trading.
No comments:
Post a Comment