Friday, 26 December 2014

Commodity Market News about Gold and Silver

The spot gold is opened today and trading at $1185, therefore the electronic traded COMEX gold is up this morning by $10 and trading at $1185. Since the US markets are closed today we have only the electronic trading platform opened so therefore, very thin trading session is expected today.

Silver is also seen trading marginally positive this morning at $15.95 up by 1.51% from its previous close. We hold the same stance for the same and the key resistances could be noticed at $16.00 and $18.20 levels respectively.
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  1. • Piramal Enterprises to mull merger of Piramal Cap and Piramal Fin with Piramal Housing.
    • Tata Steel may bid for Essar's Hazira plant.
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