Precious Metals
DAILY BUZZ
SILVER
Silver prices rose by Rs 127 to Rs 41,920 per kg in futures trading today as speculators created fresh positions on the back of recovery in the precious metals overseas.
At the Multi Commodity Exchange, silver for delivery in September traded Rs 127, or 0.30 per cent, higher at Rs 41,920 per kg in business turnover of 11 lots.
Likewise, the white metal for delivery in far-month December traded higher by Rs 53, or 0.13 per cent, to Rs 42,330 per kg in 303 lots.
Market analysts said fresh positions created by speculators in tune with a recovery in bullion in the global markets on speculation that recent fall in prices may spur purchases, influenced silver prices at futures trade.
Meanwhile, silver gained 0.20 per cent to $19.22 an ounce in Singapore.
Base Metals & Energy
DAILY BUZZ
ZINC
Zinc futures edged up by 0.38 per cent to Rs 143.85 per kg today as speculators enlarged positions amid positive cues from global markets and rising domestic demand.
At the Multi Commodity Exchange, zinc for delivery in September was up by Rs 2.55, or 0.38 per cent, to Rs 143.85 per kg with a business turnover of 1,248 lots.
The metal for delivery in October also rose by 45 paise, or 0.31 per cent, to Rs 144.40 per kg with a business turnover of 16 lots.
LEAD
Taking positive cues from global markets, lead prices were up by 0.30 per cent to Rs 134.60 per kg in futures trade today as speculators created fresh positions.
Besides, rising demand from battery-makers in the spot market supported the upside.
At the Multi Commodity Exchange, lead for delivery in September up by 40 paise, or 0.30 per cent, to Rs 133.80 per kg in business turnover of 116 lots. Likewise, the metal for delivery in next month traded up by 35 paise, or 0.26 per cent, to Rs 134.60 per kg in one lot.
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DAILY BUZZ
SILVER
Silver prices rose by Rs 127 to Rs 41,920 per kg in futures trading today as speculators created fresh positions on the back of recovery in the precious metals overseas.
At the Multi Commodity Exchange, silver for delivery in September traded Rs 127, or 0.30 per cent, higher at Rs 41,920 per kg in business turnover of 11 lots.
Likewise, the white metal for delivery in far-month December traded higher by Rs 53, or 0.13 per cent, to Rs 42,330 per kg in 303 lots.
Market analysts said fresh positions created by speculators in tune with a recovery in bullion in the global markets on speculation that recent fall in prices may spur purchases, influenced silver prices at futures trade.
Meanwhile, silver gained 0.20 per cent to $19.22 an ounce in Singapore.
Base Metals & Energy
DAILY BUZZ
ZINC
Zinc futures edged up by 0.38 per cent to Rs 143.85 per kg today as speculators enlarged positions amid positive cues from global markets and rising domestic demand.
At the Multi Commodity Exchange, zinc for delivery in September was up by Rs 2.55, or 0.38 per cent, to Rs 143.85 per kg with a business turnover of 1,248 lots.
The metal for delivery in October also rose by 45 paise, or 0.31 per cent, to Rs 144.40 per kg with a business turnover of 16 lots.
LEAD
Taking positive cues from global markets, lead prices were up by 0.30 per cent to Rs 134.60 per kg in futures trade today as speculators created fresh positions.
Besides, rising demand from battery-makers in the spot market supported the upside.
At the Multi Commodity Exchange, lead for delivery in September up by 40 paise, or 0.30 per cent, to Rs 133.80 per kg in business turnover of 116 lots. Likewise, the metal for delivery in next month traded up by 35 paise, or 0.26 per cent, to Rs 134.60 per kg in one lot.
Register yourself for free Comex Tips , Equity Tips , Free Nifty Tips, Nifty Option Tips, Stock Option Tips, Stock Options Tips, Nifty Options Tips , Share Tips , Free Ncdex Tips , Free Mcx Tips , Free Commodity Tips, Domestic Forex Tips , Nifty Options Calls , Mcx Bullion Tips , Bank Nifty Tips , Mcx Gold Tips , Mcx Crude Tips , Comex Silver Trading Tips .
Click here to get free trial http://www.researchvia.com/free-trials/ or reply your no. along with your trading segment.