Friday, 12 December 2014

Daily Gold Silver Rates in Commodity Market

On Thursday, spot gold prices ended marginally higher by 0.07 percent to $1227.6/oz amid conflicting signals as the firm dollar fueled hopes that interest rates will rise sooner or later while weak U.S. economic data spurred safe-haven buying.

On the MCX, gold prices rose by 0.25 percent and closed at Rs.27258/10 gms.

Spot silver prices rose by 0.2 percent to $17.1 in yesterday’s trading session in tandem with rise in gold prices. Strength in the dollar and weakness in Nickel prices however capped upside.

On the MCX, silver prices rose by 0.14 percent and closed at Rs.38722/kg.
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