Thursday, 18 February 2016

Daily Mcx Commodity Updates On Gold and Silver

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Gold
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.


Silver
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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