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Monday 15 February 2016

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 SILVER PRICES were down by another Rs 278 to Rs 36,810 per kg in futures trade today
At the Multi Commodity Exchange, silver for delivery in March was trading lower by Rs 278 or 0.75% to Rs 36,810 per kg in a business turnover of 327 lots.

GOLD futures today fell Rs 241 to Rs 28,449 per 10 grams as participants indulged in cutting their bets amid a weak global trend. At the Multi Commodity Exchange, gold prices for delivery in April contracts plunged Rs 241 or 0.84% to Rs 28,449 per 10 grams in business turnover of 267 lots.



At Zaveri Bazar here, standard gold fell 2.4 per cent to close on Monday at Rs 28,415   per 10g from Friday’s close of Rs 29,110. Silver fell 2.5 per cent from Rs 38,175 a kg to Rs 37,210 a  kg.

LEAD PRICES moved up by 0.32% to Rs 126.60 per kg in futures trade today as participants enlarged their exposure, driven by pick-up in spot market demand. At the Multi Commodity Exchange, lead for delivery in current month moved up by 40 paise, or 0.32%, to Rs 126.60 per kg in a business turnover of 1,021 lots.

ZINC futures rose by 0.64% to Rs 117.25 per kg after speculators increased bets amid a firming trend in base metals overseas and better domestic demand.At the Multi Commodity Exchange, zinc for delivery in March was up 75 paise, or 0.64%, to Rs 117.25 per kg, with a business turnover of 59 lots.


CARDAMOM PRICES gained 0.78% to Rs 732.60 per kg in futures trading today as speculators enlarged positions amid rising demand in the spot market. At the Multi Commodity Exchange, cardamom for delivery in March gained Rs 5.70, or 0.78%, to Rs 732.60 per kg, in a business turnover of 285 lots.

CRUDE OIL PRICES dropped by 1.09% to Rs 489.20 per 10 kg in futures trade today as speculators booked profits at prevailing higher levels amid fall in demand in spot market.
At the Multi Commodity Exchange, crude palm oil for delivery in March eased by Rs 5.40 or 1.09% to Rs 489.20 per 10 kg in a business turnover of 283 lots.



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