Thursday, 18 February 2016

Daily Mcx Commodity Updates On Gold and Silver

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On Tuesday, spot gold prices declined by 0.77 percent to close at $1200 per ounce as global equity markets and the U.S. dollar rose, depressing interest in gold as a safe-haven asset and taking it further below last week's one-year high.

On the MCX, gold prices rose by 0.73 percent to close at Rs.28899 per 10 gms.

On Tuesday, spot silver prices declined by 0.7 percent to close at $15.2 per ounce. Prices declined in line with fall in gold prices and strengthening dollar index.

On the MCX, silver prices rose by 0.35 percent to close at Rs.37219 per kg.

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