Wednesday, 9 September 2015

Commodity Market Gold and Silver Tips

Spot gold prices rose by 0.21 percent to close at $1121.4 per ounce as weakness in the dollar index helped the metal snap a four-day losing streak, but bullion remained close to 3-week lows as uncertainty over a looming U.S interest rate hike persisted.

On the MCX, gold prices declined by 0.28 percent to close at Rs.266610 per 10 gms.

Spot silver prices rose by 1.8 percent on Tuesday to close at $14.8 per ounce. The rise in silver prices is in tandem with rising gold prices coupled with strong base metals pack.

On the MCX, silver prices rose by 1.42 percent to close at Rs.36400 per kg.
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