Wednesday, 2 March 2016

Today's Mcx Commodity News on Precious Metals

Precious metals rose 1 percent on Monday, boosted by lower equities and weak U.S. data, leaving the metal well placed to log its best monthly performance in four years as turmoil in wider markets increased its safe-haven appeal.

SPDR Gold Trust GLD, the world's largest gold-backed exchangetraded fund, said its holdings stood at 777.27 up 14.87 tonnes, from previous business day.

Holdings of the largest Silver backed exchange-traded-fund (ETF), New York's iShares Silver Trust SLV, stood at 9692.42 tonnes, remain unchanged from previous business day.
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