Wednesday, 3 June 2015

Commodity Market Gold and Silver Tips Provider

We saw ranged movement in Bullion complex though marginal gains came following the steep losses in US Dollar and also mixed to weaker set of economic cues from the manufacturing segment.

Gold at Comex closed with a modest uptick of 0.5% to $1194 per ounce while Silver added 0.7% to $16.80 per ounce.

Silver remain ranged for almost all of Asian and European session though moved moderately higher along with Gold in latter half of trade.

Silver Comex Jul expiry contract closed higher by 0.7% to $16.80 per ounce whereas Indian MCX Silver saw gains to the tune of 0.55% to Rs 38445per Kg.

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