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Monday 11 April 2016

Commodity News- 11 Apr 2016

The MCX Gold and Silver near month future rates in Indian are trading static note, despite strengthen in NYMEX bullion markets.

The Gold June future prices started the day marginally higher by Rs 50 at Rs 29,181 per 10 grams, and touched a high at Rs 29,300.

Now, MCX Gold future prices are quoted at Rs 29,194 - up Rs 63.

The counter has seen trades of around 2,645-odd lots, while the open interest has added over 500-odd lots at 10,035-odd lots.

In the international market, the NYMEX Gold June futures are up over 0.5 percent at $ 1,251.20 an ounce.

Meanwhile, May Silver future rates are trading at Rs 36,740 per kg - up Rs 69.

The shiny white metal so far has touched a high at Rs 36,839 and a low at Rs 36,715.

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