Wednesday, 3 December 2014

Daily Gold and Silver Outlook In Commodity Market

Gold held below a five-week high as a strengthening dollar curbed demand for a store of value, with a U.S. policy maker saying the Federal Reserve is getting closer to replacing its vow to hold rates low for a considerable time. Bullion rose and fell at least 0.2 percent, and traded at $1,200.05 an ounce.Spot Gold is currently trading at $1200. MCX Gold Feb is currently at ` 26560, it is trading up by `69 points for the day. Comex Silver is currently trading at $16.33 whereas MCX Silver Mar is currently trading at `36908, it is down by 

The SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, is holding 720.02 tonnes as per latest available data on their website.

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