Mcx Commodity Market News : Evening Session - 10.102016
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Yellow metal shines on jewellers’ buying, positve global cues
10/10/2016 15:23
Gold futures were trading higher during the afternoon trade in the domestic market on Monday as investors and speculators widened their positions in the precious metal on positive cues from global markets.
Analysts attributed the recovery in gold prices to increased buying by ornament makers and retailers, triggered by ongoing festive season. Moreovever, a firm global trend where the precious metal rebounded from its biggest weekly decline this year and dollar's fall for a second day too supported the upmove.
At the MCX, gold futures for December 2016 contract is trading at Rs 29754 per 10 grams, up by 0.60 per cent, after opening at Rs 29650, against a previous close of Rs 29578. It touched the intra-day high of Rs 29798 (at 15:17 hours).
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Uptick in demand lifts zinc futures by 0.45%
10/10/2016 15:13
Zinc futures were trading higher during the afternoon trade in the domestic market on Monday as investors and speculators widened their positions in the industrial metal amid a pickup in demand from consuming industries at the domestic spot markets.
Further, participants build up their bets in the industrial metal led by a rise in demand from consuming industries, supported prices of zinc at futures trade. At the MCX, zinc futures for October 2016 contract is trading at Rs 155.80 per kg, up by 0.45 per cent, after opening at Rs 156.10, against a previous close of Rs 155.10. It touched the intra-day high of Rs 156.85 (at 15:11 hours).
Free Mcx Commodity Trend Update ( Call - 9094047040)
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Join Our Whatsapp No : 9841986753
Keep Refresh for Fresh Tips
Yellow metal shines on jewellers’ buying, positve global cues
10/10/2016 15:23
Gold futures were trading higher during the afternoon trade in the domestic market on Monday as investors and speculators widened their positions in the precious metal on positive cues from global markets.
Analysts attributed the recovery in gold prices to increased buying by ornament makers and retailers, triggered by ongoing festive season. Moreovever, a firm global trend where the precious metal rebounded from its biggest weekly decline this year and dollar's fall for a second day too supported the upmove.
At the MCX, gold futures for December 2016 contract is trading at Rs 29754 per 10 grams, up by 0.60 per cent, after opening at Rs 29650, against a previous close of Rs 29578. It touched the intra-day high of Rs 29798 (at 15:17 hours).
Click Here & Register To Get 2 days Trial Tips
Join Our Whatsapp No : 9841986753
Uptick in demand lifts zinc futures by 0.45%
10/10/2016 15:13
Zinc futures were trading higher during the afternoon trade in the domestic market on Monday as investors and speculators widened their positions in the industrial metal amid a pickup in demand from consuming industries at the domestic spot markets.
Further, participants build up their bets in the industrial metal led by a rise in demand from consuming industries, supported prices of zinc at futures trade. At the MCX, zinc futures for October 2016 contract is trading at Rs 155.80 per kg, up by 0.45 per cent, after opening at Rs 156.10, against a previous close of Rs 155.10. It touched the intra-day high of Rs 156.85 (at 15:11 hours).
