Silver weakens in futures trade on profit-booking
India | May 28, 2019 17:04 ISTOn the Multi Commodity Exchange, silver contracts for July delivery dipped by Rs 82, or 0.22 per cent, to Rs 36,367 per kg, clocking a business volume of 28,879 lots.
On the Multi Commodity Exchange, silver contracts for July delivery dipped by Rs 82, or 0.22 per cent, to Rs 36,367 per kg, clocking a business volume of 28,879 lots.
Bullion traders said the slide in gold prices was mostly due to absence of worthwhile activity as jewellers and retailers made token purchases to mark the auspicious occasion of 'Diwali' and beginning of Hindu Samvat year 2075.
Standard gold (99.5 purity) fell by Rs 35 to close at Rs 31,255 per 10 grams from Wednesday’s finish of Rs 31,290. Pure gold (99.9 purity) also fell by the same amount to settle at Rs 31,405 per 10 grams as compared to Rs 31,440 on Wednesday.
Silver regained the Rs 41,000-mark by jumping Rs 1,100 on increased offtake by industrial units and coin makers.
After 4 days of losses, Gold prices made a turnaround jumping Rs 150 to Rs 30,750 per 10 grams. Silver too jumped up by Rs 400 to Rs 40,900 per kg.
In the national capital, gold of 99.9 and 99.5 per cent purity zoomed by Rs 990 each to Rs 31,350 and Rs 31,200 per ten gram respectively, a level last seen in November 2016.
The tournament marked the end of a fortnight-long training-cum-competition trip for the Indian boxers ahead of the world showpiece scheduled from August 25 to September 2.
India collected five medals with a gold, two silver, and two bronze medals to finish outside top-30 in the medal standings.
Rio Olympic bronze medallist Sakshi Malik defeated Ayaulym Kassymova of Kazakhstan by 15-3 to enter the finals in the ongoing Asian Wrestling Championship assuring another Silver medal for herself.
Gold prices climbed Rs 200 per 10 grams today and reclaimed the Rs 30,000-mark for the first time in over six weeks amid increased buying by local jewellers.
Bhopal: As many as 240 VVIPs including Chief Justice of India T S Thakur and other judges of the Supreme Court along with their spouses were served dinner in silver crockery and presented gifts worth
New Delhi: Tracking a weak trend overseas and slackened demand from jewellers in domestic markets, gold prices slipped below the Rs 26,000 mark by plunging Rs 300 today to 3-month low of Rs 25,950 per
New Delhi: Continuing its rising streak for the third straight day, gold on Friday reclaimed Rs 27,000-mark by zooming Rs 400 to hit 1-month high of Rs 27,250 per 10 grams at the bullion market,
New Delhi: With the wedding and festive season fast approaching, the days of cheaper gold prices seems to be over as the precious metal climbed back to Rs.27,000 mark on Friday.After registering a decline recently,
New Delhi: Gold prices rose Rs. 73 to Rs. 27,482 per 10 gram at the futures trade as speculators engaged in enlarging positions amid a better trend overseas.On the Multi Commodity Exchange, gold for delivery
New Delhi: Snapping its five-day rising streak, gold retreated from five-month highs by falling Rs 150 to Rs 28,350 per ten gram at the bullion market on Thursday as demand eased at existing levels amidst
New Delhi: Rising for the fifth day, gold today added another Rs 320 to trade at an over five-month high of Rs 28,500 per ten grams and silver regained the Rs 40,000 per kg level
New Delhi: Tracking a firm trend in the global market, silver prices jumped by Rs. 453 to Rs. 37,424 per kg at the futures trading today as speculators indulged in creating fresh positions.On the Multi
Mumbai: Gold prices advanced further at the domestic bullion market here today due to sustained buying by stockists and retailers.Elsewhere, silver surged ahead and closed above the Rs 37,000-mark on the back of heavy industrial
Mumbai: Gold prices fell further by Rs 75 to Rs 27,025 per ten gram at bullion market here today on subdued demand even as the metal strengthened overseas.Silver, however, found fresh buying support from industrial
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