Thursday, 16 April 2015
Best Live Mcx Market Trading Tips Updates
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Today in Mcx Gold prices today fell by Rs 180 to trade at Rs 26,870 per 10 grams at the bullion market in the national capital on low demand from jewelers amid a weak global trend. Silver, too, declined by Rs 60 at Rs 36,800 per kg. Bullion traders attributed the fall in prices of the yellow metal to a weak global trend, where gold ruled below USD 1,200 an ounce, and subdued demand from jewelers and retailers.
Crude oil prices eased in Asia on early Thursday, with profit taking after a strong performance overnight linked to U.S. supply data. On the New York Mercantile Exchange, crude oil for May delivery fell 0.59% to $56.05 a barrel. Overnight, West Texas Intermediate oil futures rose to the highest levels of the session on Wednesday, after data showed that oil supplies in the U.S. rose less than expected last week.
The SILVERMIC rate touched an intraday high of Rs 36863 and an intraday low of Rs 36555. So far 3967 contracts have been traded. In line with an overall trend, silver ready declined by Rs 60 to Rs 36,800 per kg and weekly-based delivery by Rs 215 to Rs 36,345 per kg. Silver coins, however, traded at last level of Rs 55,000 for buying and Rs 56,000 for selling of 100 pieces. SILVERMIC prices have moved down Rs 4073, or 9.98 percent in the June series so far.