Precious Metals
DAILY BUZZ
SILVER
Silver
prices fell by 0.74 per cent to Rs 45,727 per kg in futures trade
today amidst profit-booking by speculators and a weak trend overseas.
At
the Multi Commodity Exchange, silver for delivery in September traded
lower by Rs 341, or 0.74 per cent, to Rs 45,727 per kg in a business
turnover of 753 lots.
Similarly,
the white metal for delivery in December declined by Rs 356, or 0.72
per cent, to Rs 46,581 per kg in a business volume of 33 lots.
In
the international market, silver traded lower at USD 21.43 an ounce
in Singapore from USD 21.44 on July 11.
Market
analysts said apart from profit-booking by participants, a weak trend
in global markets led to the fall in silver prices at futures trade
here.
Base Metals & Energy
DAILY BUZZ
COPPER
Copper futures fell 0.15 per
cent to Rs 442.30 per kg today as speculators trimmed positions to
book profits amidst a weak trend in global markets.
At the Multi Commodity
Exchange, copper for delivery in November declined by 65 paise, or
0.15 per cent, to Rs 442.30 per kg in a business turnover of 41 lots.
The metal for delivery in
August shed 50 paise, or 0.11 per cent, to Rs 436.05 per kg in a
business volume of 540 lots.
NICKEL
Nickel prices eased by 0.11
per cent to Rs 1,169.10 per kg in futures trade today amid a
weakening trend at the London Metal Exchange and sluggish demand from
alloy-makers in the domestic spot market.
At the Multi Commodity
Exchange, nickel for delivery in August shed Rs 1.30, or 0.11 per
cent, to Rs 1,169.10 per kg in a business turnover of 31 lots.
The metal for delivery in
July also fell by Rs 1.20, or 0.10 per cent, to Rs 1,162.50 per kg in
a turnover of 483 lots.
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