Copper futures were trading higher during the afternoon trade in the domestic market on Thursday as speculators wideneded their positions in the industrial metal amid surge in demand at the domestic spot markets

At the MCX, Silver futures for July 2016 contract is trading at Rs. 41,114 per kg, down by 0.58 per cent, after opening at Rs 41,260, against a previous close of Rs 41,355. It touched the intra-day low of Rs. 40,942.

Jeera trading range for the day is 16865-17705.Jeera prices ended with gains on reduced stock for

Market analysts said rise in silver prices at futures trade attributed to the weakening of dollar and the delay in the Fed’s rate hike mainly on account of weak American jobs data.

However, a weaker dollar raised the appeal of gold as an alternative asset. Weaker greenback makes the bullion cheaper for those holding other currencies, thus increasing demand.

Gold prices fell as investors continued to factor in an increased chance of a near-term US interest rate rise.

Further, a stronger dollar reduced the appeal of gold as an alternative asset. Stronger greenback makes the bullion expensive for those holding other currencies, thus reducing demand.

At the MCX, crude oil futures for May 2016 contract were trading at Rs. 2,978 per barrel, up by 2.65 per cent, after opening at Rs. 2,925 against the previous closing price of Rs. 2,901. It touched the intra-day high of Rs. 2,985 till the trading.

US$INR Apr futures contract (NSE) View: Bullish on INR Sell US$INR in the range of 66.75-66.85 Market Lot: US$1000 Target: 66.55-66.38 Stop Loss: 66.95 Support Resistance S1/ S2: 66.40/66.20 R1/R2:66.65/66.85

At the MCX, Gold futures for April 2016 contract is trading at Rs 28,091 per 10 gram, up by 0.18 per cent after opening at Rs 28,080, against the previous closing price of Rs 28,040. It touched the intra-day high of Rs 28,123.

At the MCX, Gold futures for April 2016 contract closed at Rs 28,743 per 10 gram, up by 1 per cent after opening at Rs 28,389, against the previous closing price of Rs 28,458. It touched the intra-day high of Rs 28,782.

The Fed is widely expected to leave its benchmark Federal Funds Rate at its current range between 0.25 to 0.50 per cent when it issues its latest monetary policy statement.

At the MCX, Gold futures for April 2016 contract is trading at Rs 29,977 per 10 gram, up by 1.30 per cent after opening at Rs 29,650, against the previous closing price of Rs 29,592. It touched the intra-day high of Rs 29,990.

Asian markets rallied today as concerns over China eased after the country’s central bank assured that it had further monetary easing room to help prop up growth in the world’s second biggest economy and that there is no reason for yuan depreciation.

At the MCX, Gold futures for April 2016 contract closed at Rs 28,888 per 10 gram, down by 0.04 per cent after opening at Rs 28,953, against the previous closing price of Rs 28,899. It touched the intra-day low of Rs 28,731

At the MCX, Gold futures for February 2016 contract is trading at Rs 28,246 per 10 gram, down by 0.67 per cent after opening at Rs 28,350, against the previous closing price of Rs 28,437. It touched the intra-day low of Rs 28,241.

Gold futures for February 2016 contract, at MCX, were trading at Rs. 27,010 per 10 grams, up by 0.44 per cent after opening at Rs. 27,035 against the previous closing price of Rs. 26,891. I

At the MCX, Gold futures for February 2016 contract closed at Rs 26,387 per 10 gram, up by 0.87 per cent after opening at Rs 26,247, against the previous closing price of Rs 26,160. It touched the intra-day high of Rs 26,442.

At the MCX, Gold futures for February 2016 contract closed at Rs 26,559 per 10 gram, up by 1.93 per cent after opening at Rs 26,199, against the previous closing price of Rs 26,057. It touched the intra-day high of Rs 26,658.

At the MCX, Gold futures for October 2015 contract is trading at Rs 26,070 per 10 gram, down by 0.66 per cent after opening at Rs 26,212, against the previous closing price of Rs 26,243. It touched the intra-day low of Rs 26,053.