Friday, 27 June 2014

Latest Gold and Silver News For Trading in Mcx

Spot gold prices are trading lower by 0.6 percent on the back of profit booking at higher levels. There is no news coming out of Iraq and no reports of escalating geo-political tensions. On the MCX, gold prices are trading negative by 0.6 percent and currently trading at Rs.27613/10 gms.

Spot silver prices on the international markets are trading lower by 0.7 percent at $20.81/oz taking cues from fall in gold prices. However, weakness in the DX is cushioning sharp downside in prices. On the MCX, silver prices fell by 0.8 percent and currently trading at Rs.44287/kg.

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