4.02.2015 Gold Precious Metal REPORT


Posted February 4, 2015 by somyagupta

Silver prices declined by Rs 124 to Rs 38,440 per kg in futures trade today as speculators reduced their exposures amid weak trend in the global markets.

 
Gold futures prices today fell by 0.20 percent to Rs 27,610 per 10 grams as speculators offloaded their positions amid a weak global trend. At the Multi Commodity Exchange, gold prices for delivery in far-month April fell by Rs 56, or 0.20 percent, to Rs 27,610 per 10 grams in business turnover of 99 lots. Similarly, metal prices for delivery this month declined by Rs 40, or 0.14 per cent, to Rs 27,800 per ten grams in nine lots. Silver prices traded 0.29 per cent lower at $17.18 an ounce in New York yesterday. Market analysts attributed fall in silver prices at futures trade to a weak trend in global markets.
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Last Updated February 4, 2015