Thursday, 4 June 2015

Commodity Market Gold and Silver Tips Provider

Gold
Spot gold prices declined by 0.72 percent on Wednesday to close at $1184.8/oz s data showed the U.S. private sector added more jobs than expected in May and prospects increased of a debt deal for Greece. U.S. private employers added 201,000 jobs, above the 165,000 in April.

On the MCX, gold prices declined by 0.16 percent to close at Rs.26808/10 gms.

Silver
Spot silver prices declined by 1.4 percent on Wednesday to close at $16.5/oz. The fall in silver prices is in line with decline in gold prices coupled with weakness in Nickel and Copper prices. On the MCX, silver prices declined by 1.25 percent to close at Rs.38498/kg.

On the MCX, silver prices declined by 1.25 percent to close at Rs.38498/kg.

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