Wednesday, 7 January 2015

Daily Gold and Silver Rates in Market

Gold extended gains for another session wherein the commodity touched near the important $1225 per ounce mark though finished at $1219 per ounce, with gains near 1.3% for the day. Gold MCX Feb expiry contract too jumped with modest fall in Rupee against the USD adding local performance wherein Feb expiry climbed 1.3% to Rs 27400 per 10 Gms. 

Silver also added weigh with the commodity being a high beta one, advanced 2.6% to $16.63 per ounce for March expiry contract at the Comex. On the other side jumped 2.4% to Rs 37915 per Kg mark.

Silver Mar MCX: Sell at 36600-36620 TP 35700/34900 SL 37300

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