Wednesday, 11 February 2015

News and Research on Gold and Silver

Gold
Spot gold prices declined by 0.41 percent on Tuesday and closed at $1233.8/oz on rise in the dollar offset the supportive impact of concerns over Greece's future in the euro zone and fears over escalating violence in Ukraine, which hurt risk appetite.

On the MCX, gold prices declined by 0.53 percent and closed at Rs.26856/10 gms.

Silver
Spot silver prices declined by half a percent on Tuesday and closed at $16.9/oz in tandem with fall in gold prices. Strength in the dollar coupled with weak base metals pack further dragged prices.

On the MCX, silver prices declined by 0.53 percent and closed at Rs.37599/kg.

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