Silver is Slightly up
Silver prices rose by 0.75% to Rs 46,119 per kg in futures trade today largely in tune with a firming trend in precious metals overseas amid covering-up of short positions by speculators.
At the Multi Commodity Exchange, the July contract traded higher by Rs 342, or 0.75%, to Rs 46,119 per kg in business turnover of 636 lots.
Gold is on one week high value
Spot gold had risen $1.15 an ounce to $1,463.65 by 0025 GMT, having posted its biggest weekly gain in three months last week. Gold plunged to around $1,321 on April 16, its lowest in more than two years, in a sell-off that surprised ardent gold investors and bulls.
U.S. gold for June delivery stood at $1,463.20 an ounce, up $9.60.
Silver prices rose by 0.75% to Rs 46,119 per kg in futures trade today largely in tune with a firming trend in precious metals overseas amid covering-up of short positions by speculators.
At the Multi Commodity Exchange, the July contract traded higher by Rs 342, or 0.75%, to Rs 46,119 per kg in business turnover of 636 lots.
Gold is on one week high value
Spot gold had risen $1.15 an ounce to $1,463.65 by 0025 GMT, having posted its biggest weekly gain in three months last week. Gold plunged to around $1,321 on April 16, its lowest in more than two years, in a sell-off that surprised ardent gold investors and bulls.
U.S. gold for June delivery stood at $1,463.20 an ounce, up $9.60.