Friday, 1 July 2016

Today Commodity Market News ; Silver rises on firm global trend

Oil prices rose in Asia today as traders welcomed assurances from central bank around the world that they were ready to step in to prevent a global rout following Britain's vote to leave the European Union. After the initial shock of last Thursday's referendum sparked a freefall, this week has seen a broad recovery across all asset classes.For more ‪‎Gold/Silver, Crude Oil related to ‬ Commodity Market Visit Us www.marketmagnify.com/freetrial.php or Get Free Trials Just Give One Missed Call @78-79-88-11-22.

Silver futures closed higher in the domestic market on Thursday tracking a firm trend in precious metals overseas. At the MCX, Silver futures for July 2016 contract closed at Rs 43,700, per 10 gram, up by 1.15 per cent after opening at Rs 43,213, against the previous closing price of Rs 42,202. It touched the intra-day high of Rs 43,700. 
 
Gold down on weak overseas trend :-
At the MCX, Gold futures for August 2016 contract closed at Rs 31210, per 10 gram, down by 0.34 per cent after opening at Rs 31,220, against the previous closing price of Rs 31,315. It touched the intra-day low of Rs 31,131. Gold futures closed lower in the domestic market on Thursday as participants tightened their positions, largely in step with a weak trend overseas.

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