Market Watch

Friday 1 August 2014

Commodity Market: Gold Silver Updates Today


Gold firmed on Friday, edging further above the previous day's six-week low as the dollar steadied off a 10-month peak, but moves were muted ahead of key US payrolls data which could prompt a further wave of selling.
MCX GOLDM August contract was trading at Rs 27910 up Rs 122, or 0.44 percent. The GOLDM rate touched an intraday high of Rs 27950 and an intraday low of Rs 27761. So far 1466 contracts have been traded. GOLDM prices have moved down Rs 634, or 2.22 percent in the August series so far.
The SILVERMIC rate touched an intraday high of Rs 44590 and an intraday low of Rs 44324. So far 15663 contracts have been traded. SILVERMIC prices have moved down Rs 5187, or 10.43 percent in the August series so far.

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