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levels. MCX Silver July : Sell around 43400 levels with a stop loss placed above 43700 levels for targets of 42500 levels. MCX Crude June : Sell around 5250 levels with a stop loss placed above
Silverm prices have moved down Rs 23065, or 34.80 percent in the June series so far. At 16:52 hrs MCX Silverm June contract was trading at Rs 43220 down Rs 371, or 0.85 percent.
The spot silver prices were trading mixed in the major cities of India. In Mumbai market, Spot silver 999 prices declined by Rs 155 at Rs 45045 per one kilogram.
MCX Silvermic prices have moved down Rs 13301, or 23.25 percent in the August series so far. At 13:52 hrs MCX Silvermic August contract was trading at Rs 43900 down Rs 248, or 0.56 percent.
In an interview to CNBC-TV18, commodity market expert, Naveen Mathur of Angel Broking shared his reading and outlook on gold and silver.Below is the verbatim transcript of Mathur's interview
MCX Silver prices have moved down Rs 21640, or 33.29 percent in the July series so far. At 11:15 hrs MCX Silver July contract was trading at Rs 43370 down Rs 201, or 0.46 percent.
Brokerage house Karvy Commodities Broking has come out with its report on bullion. The research firm has recommended traders to remain on sell side in gold and silver, in its research report dated
At 15:48 hrs MCX Silvermic November contract was trading at Rs 44900 up Rs 255, or 0.57 percent. The Silvermic rate touched an intraday high of Rs 45050 and an intraday low of Rs 44240.
Spot silver rates trading mixed in major metros of India. In Mumbai market, Spot silver 999 prices gained by Rs 50 at Rs 45200 per one kilogram.
At 14:13 hrs MCX Silverm June contract was trading at Rs 43393 up Rs 134, or 0.31 percent.
At 11:14 hrs MCX Silver December contract was trading at Rs 44550 down Rs 286, or 0.64 percent. Silver prices have moved down Rs 2619, or 5.55 percent in the December series so far.
spot gold prices and closed at Rs.25963/10 gms after touching an intra-day low of Rs. 25902/10 gms on Wednesday. Silver Taking cues from decline in spot gold prices along with the strength in DX
Geojit Comtrade's technical updates on commodities:(Prices in Rs.)MCX Gold June : Buy around 26200 levels with a stop loss placed below 26000 levels for targets of 26600 levels. MCX Silver July
At 16:11 hrs MCX Silvermic June contract was trading at Rs 43520 up Rs 322, or 0.75 percent. However, in June series Silvermic prices slipped by Rs 21981, or 33.56 percent so far.
Silver, which has fallen 30 percent in 2013, was down four percent at USD 21.32 an ounce after touching USD 20.84 at one point - its lowest since September 2010.
Spot silver prices were trading higher in major metros of India on Wednesday. In Mumbai market, Spot silver 999 prices advanced by Rs 405 at Rs 45150 per one kilogram.
At 14:06 hrs MCX Silverm August contract was trading at Rs 43980 up Rs 256, or 0.59 percent. Silverm prices have moved down Rs 13182, or 23.06 percent in the August series so far.
kg for silver imports.Tariff value is the base price on which the customs duty is determined to prevent under-invoicing. Till last week, the tariff value of gold was at USD 466per ten grams
is seen in range of 25770,25370 and 25200 . While important resistance is seen near 26370,26590 and 26880. Recommendation - Day traders can buy above 26370 Target 26580 & 26700 SL below 26100.MCX Silver
Oil saw a downtick after five sessions of holding up with brent at USD103.5. Precious metals were in focus again with gold falling 1.3 percent and silver down 2.7 percent.