Thursday, 28 May 2015

Best Gold and Silver Trading Tips Provider

Gold
Spot gold prices rose marginally on Wednesday by 0.07 percent to close at $1187.4/oz as dollar index retreated from one month high, however the precious metal remained under pressure from expectations that the US federal reserve make hike the rates sooner.

On the MCX, gold prices declined marginally by 0.06 percent to close at Rs.26877/10 gms.

Silver
Silver remains the best-performing precious metal this month despite Tuesday's 2.4 percent drop, up 3.2 percent since the end of April in its biggest monthly rise since January. On Wednesday the metal declined by 0.2 percent to close at $16.7/oz while 

MCX silver prices also declined by 0.42 percent to close at Rs.38909/kg.

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