Tuesday, 27 August 2013

MCX Gold Tips, Live Silver Updates Today 27 Aug 2013

Amid a firming trend in the global market, gold prices rose 0.20 per cent to Rs 31,820 per 10 gram in futures trade today as speculators created fresh positions. Besides, a firming trend at the domestic spot markets on the back of stockists buying ahead of festive season, also supported the rise in gold futures prices here. At the Multi Commodity Exchange, metal for delivery in October gained Rs 66, or 0.20 per cent, to trade at Rs 31,820 per 10 gm in a turnover of 655 lots.

On similar lines, the metal for delivery in far-month December gained Rs 65, or 0.21 per cent, to Rs 31,756 per 10 gram in a business volume of 41 lots. Silver prices jumped Rs 379, or 0.71 per cent, to Rs 53,850 per kg in futures trading today as speculators created positions largely in tandem with a firming overseas trend. At the Multi Commodity Exchange, silver for delivery in September traded Rs 379, or 0.71 per cent higher at Rs 53,850 per kg in business turnover of 1,195 lots. Likewise, the white metal for delivery in December traded higher by Rs 389, or 0.71 per cent, to Rs 54,850 per kg in 105 lots.

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