GOLD
Gold futures fell in the domestic market on Friday as investors and speculators exited positions in the precious metal tracking a weak trend in the overseas market amid caution ahead of the US Federal Reserve’s two-day policy meet next week where the central bank may provide a timeline to raise interest rates. Stronger dollar also dimmed the appeal of the precious metal as an alternative asset. Stronger greenback makes gold more expensive for those holding other currencies, thus dimming demand. Gold futures for October 2014 contract, at MCX, is trading at Rs. 26,936 per 10 grams, down by 0.19 per cent, after opening at Rs. 26,945, against the previous closing price of Rs 26,986. It touched an intra-day low of Rs 26,870. (At 11:29 AM).
LEAD
Lead prices fell by 0.08 per cent on Friday at the domestic markets due to the surge in the lead stockpiles at the London Metal Exchange (LME) on account of the weak demand for the commodity. LME lead stocks rose by 475 metric tonnes to 225900 metric tonnes as on September 12, 2014. At the MCX, Lead futures, for the September 2014 contract, is trading at Rs 128.85 per kg, down by 0.08 per cent, after opening at Rs 129.05, against a previous close of Rs 128.95. It touched an intra-day low of Rs 128.45 till the trading. (At 3.50 PM today).
ZINC
Zinc prices rose by 0.14 per cent on Friday at the domestic markets due to the decline in the zinc stockpiles at the London Metal Exchange (LME) on account of the strong demand for the commodity. LME zinc stocks fell by 950 metric tonnes to 755025 metric tonnes as on September 12, 2014. Zinc futures for September 2014 contract, at MCX, were trading at Rs 138.50 per kg, up by 0.14 per cent after opening at Rs. 138.75 against the previous closing price of Rs. 138.30. It touched the intra-day low of Rs. 137.95 till the trading. (At 4.01 PM today).
CORIANDER
Coriander prices rose by 0.25 per cent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the limited stocks on account of restricted arrivals from the major growing belts. At the NCDEX, coriander futures for September 2014 contract was trading at Rs. 11,240 per quintal, up by 0.25 per cent after opening at Rs. 11,168 against the previous closing price of Rs. 11,212. It touched the intra-day high of Rs. 11,253 till the trading. (At 11.35 AM today). Sentiment improved further as the investors enlarged their holdings tracking the surge in the demand for the commodity
MUSTARD SEED
Mustard seed prices closed higher by 0.26 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the decline in the supply for the commodity in the major markets. At the NCDEX, mustard seed futures for September 2014 contract closed at Rs. 3,536 per quintal, up by 0.26 per cent, after opening at Rs. 3,526 against the previous closing price of Rs. 3,527.
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Gold futures fell in the domestic market on Friday as investors and speculators exited positions in the precious metal tracking a weak trend in the overseas market amid caution ahead of the US Federal Reserve’s two-day policy meet next week where the central bank may provide a timeline to raise interest rates. Stronger dollar also dimmed the appeal of the precious metal as an alternative asset. Stronger greenback makes gold more expensive for those holding other currencies, thus dimming demand. Gold futures for October 2014 contract, at MCX, is trading at Rs. 26,936 per 10 grams, down by 0.19 per cent, after opening at Rs. 26,945, against the previous closing price of Rs 26,986. It touched an intra-day low of Rs 26,870. (At 11:29 AM).
LEAD
Lead prices fell by 0.08 per cent on Friday at the domestic markets due to the surge in the lead stockpiles at the London Metal Exchange (LME) on account of the weak demand for the commodity. LME lead stocks rose by 475 metric tonnes to 225900 metric tonnes as on September 12, 2014. At the MCX, Lead futures, for the September 2014 contract, is trading at Rs 128.85 per kg, down by 0.08 per cent, after opening at Rs 129.05, against a previous close of Rs 128.95. It touched an intra-day low of Rs 128.45 till the trading. (At 3.50 PM today).
ZINC
Zinc prices rose by 0.14 per cent on Friday at the domestic markets due to the decline in the zinc stockpiles at the London Metal Exchange (LME) on account of the strong demand for the commodity. LME zinc stocks fell by 950 metric tonnes to 755025 metric tonnes as on September 12, 2014. Zinc futures for September 2014 contract, at MCX, were trading at Rs 138.50 per kg, up by 0.14 per cent after opening at Rs. 138.75 against the previous closing price of Rs. 138.30. It touched the intra-day low of Rs. 137.95 till the trading. (At 4.01 PM today).
CORIANDER
Coriander prices rose by 0.25 per cent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the limited stocks on account of restricted arrivals from the major growing belts. At the NCDEX, coriander futures for September 2014 contract was trading at Rs. 11,240 per quintal, up by 0.25 per cent after opening at Rs. 11,168 against the previous closing price of Rs. 11,212. It touched the intra-day high of Rs. 11,253 till the trading. (At 11.35 AM today). Sentiment improved further as the investors enlarged their holdings tracking the surge in the demand for the commodity
MUSTARD SEED
Mustard seed prices closed higher by 0.26 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the decline in the supply for the commodity in the major markets. At the NCDEX, mustard seed futures for September 2014 contract closed at Rs. 3,536 per quintal, up by 0.26 per cent, after opening at Rs. 3,526 against the previous closing price of Rs. 3,527.
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.