Market Update

Market Watch

Monday, 7 July 2014

Get Accurate Mcx Tips Live Updates for Bullion Market Trading

In Mcx Gold prices eased in Asia on Monday with few demand drivers seen from major buyers in India and China. Gold for August delivery traded at $1,319.10 a troy ounce, down 0.17%, after ending in the past week at $1,321.30 a troy ounce. MCX GOLDGUINEA August contract was trading at Rs 22554 up Rs 39, or 0.17 percent. The GOLDGUINEA rate touched an intraday high of Rs 22554 and an intraday low of Rs 22478. So far 106 contracts have been traded. 
 Gold came under pressure on Thursday after the U.S. Department of Labor said non-farm payrolls rose by a seasonally adjusted 288,000 in June, easily surpassing expectations for an increase of 212,000.MCX SILVERM November contract was trading at Rs 45878 up Rs 161, or 0.35 percent. The SILVERM rate touched an intraday high of Rs 46040 and an intraday low of Rs 45740.
U.S. natural gas futures declined in holiday-thinned trade on Friday, as concerns over tight supplies continued to fade away. Natural gas for delivery in August slumped 0.84%, or 3.7 cents, on Friday to settle the week at $4.367 per million British thermal units. Nymex natural gas prices lost 0.95%, or 4.2 cents, on the week, the third consecutive weekly decline
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