Monday, 23 February 2015

Get Gold and Silver Daily Updates By Marketmagnify

Gold
Spot gold prices traded lower for most of the last week with prices trading in the range of $30. Prices traded lower on signs that Greek banks will continue to get emergency funding despite a breakdown in debt talks between their government and euro zone partners.

On the MCX, gold prices declined by 1.55 percent last week and closed at Rs.26277/10 gms.

Silver
Last week, spot silver prices in the international markets declined in tandem with fall in gold prices. Strength in the dollar index and weakness in Nickel prices could not stop the rally in silver prices. Spot silver prices in the international markets declined by 6.13 percent and closed at $16.23/oz.

On the MCX, silver prices declined by 4.95 percent and closed at Rs.36314/kg.

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