Monday, 22 June 2015

Most Accurate Mcx and Commodity Tips Provider

Gold
Spot gold prices traded positive last week as weak dollar index coupled with the Greek Debt crisis led to the safe haven demand. This comes after the collapse of talks aimed at preventing a default and possible euro exit, prompting Germany's EU commissioner to say the time had come to prepare for a "state of emergency".

In the international markets, spot gold prices rose by 1.65 percent last week and closed at $1199.76/oz. On the MCX, gold prices rose by 0.7 percent last week and closed at Rs.27081/10 gms.


Silver
Last week, spot silver prices in the international markets traded higher in line with positive momentum in gold prices, Weakness in dollar index acted as a positive factor for silver prices Spot silver prices in the international markets rose by 0.94 percent and closed at $16.07/oz.

On the MCX, silver prices rose by 0.24 percent and closed at Rs.36680/kg.

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