Wednesday, 27 May 2015

Best Gold and Silver Trading Tips Provider

Gold
Spot gold prices declined by 1.68 percent on Tuesday to close at $1186.6/oz as the dollar extended gains following a raft of strong U.S. data and recent comments from Federal Reserve Chair Janet Yellen that reinforced the central bank's tightening bias on monetary policy.

On the MCX, gold prices declined by 0.99 percent to close at Rs.26892/10 gms.

Silver
On Tuesday, spot silver prices declined by 2.4 percent to close at $16.7/oz in line with weakness in gold prices. Stronger dollar and weakness in the base metals pack further exerted downside pressure on the yellow metal. On the MCX, silver prices declined by 1.51 percent to close at Rs.39072/kg.

On the MCX, silver prices declined by 1.51 percent to close at Rs.39072/kg.

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