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Friday, October 10, 2014

DAILY GOLD SILVER UPDATES FROM RESEARCH VIA 10/OCT/2014


GOLD
Gold prices rose 0.72 per cent to Rs 27,080 per 10 grams in futures trade today as speculators created fresh positions after the precious metal climbed to almost two-week high in global markets.
At the Multi Commodity Exchange, gold for delivery in February next year was up by Rs 194, or 0.72 per cent, to Rs 27,080 per 10 grams in a business turnover of six lots.
The metal for delivery in December moved up by Rs 187, or 0.70 per cent, to Rs 26,924 per 10 grams in a turnover of 836 lots.
Gold rose by 0.40 per cent to USD 1,225.60 an ounce in Singapore, the highest since September 26. 
SILVER
Silver prices rose sharply by 1.28 per cent to Rs 39,365 per kg in futures trading today as speculators created fresh positions amid a firming trend in the precious metal overseas.
At the Multi Commodity Exchange, silver for delivery in March 2015 was up by Rs 497, or 1.28 per cent, at Rs 39,365 per kg in a business turnover of 18 lots.
Likewise, the white metal for delivery in December traded higher by Rs 383, or 1.18 per cent, to Rs 38,670 per kg in 1,476 lots. 
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6 comments:

  1. Best Commodity | XAUUSD GOLD |CRUDEOIL |Service ProviderOctober 10, 2014 at 5:31 PM

    Copper trimmed its first weekly gain since August amid worry that European economies are slowing down and Germany is heading for recession.
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  2. UnknownOctober 20, 2014 at 2:57 PM

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    RES 1: 126.00
    RES 2: 127.00
    SUPP 1: 122.50
    SUPP 2: 121.50
    STRATEGY: SELL ON HIGH

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