MCX Silver March futures contract down 0.2%

Silver commodity futures prices on MCX were trading marginally down on Monday.

At the Multi Commodity Exchange, silver for delivery in March 2015, declined by Rs 77, or 0.21%, to Rs 37,238 per kg. Commodity prices touched an intraday high of Rs 37,377 and an intraday low of Rs 37,210. So far 496 futures contracts have been enter into commodity trade on MCX.

On the other hand, In Delhi bullion market silver ready fell by Rs 50 to Rs 37,250 per kg and weekly-based delivery by Rs 200 to Rs 37,250 per kg.

Silver coins, however, spurted by Rs 1,000 to Rs 60,000 for buying and Rs 61,000 for selling of 100 pieces

While in yellow metals trading in global marketplace, gained 0.53% to $16.233 a troy ounce.

Market participants said the fall in silver futures was mostly due to the discharge of the positions of the participants, even as the strength of the US dollar continued to weigh on bullion.

MCX Silver March futures contract slips near 3 percent

MCX Silver futures prices were trading lower on Monday taking weak cues from overseas markets.

As stronger rupee pressure remains on silver prices in the domestic market. However, the slight edge in the international market. The weak dollar and the market demand in Asia is slightly support.

At the Multi Commodity Exchange, in evening Silver futures contract delivery in March was trading at Rs 35,900 down Rs 1012, or 2.82 percent. Silver prices touched an intraday high of Rs 36976 and an intraday low of Rs 36891.

Elsewhere in metals trading at global market, silver for March delivery gained 0.84% to $16.165 a troy ounce.

MCX Silver May futures contract slips 2.3% on weak global cues

Following a weak tendency overseas, silver futures prices may sold off sharply by over 2 per cent to Rs 38,051 per kg today as speculators were given to discharge positions.

Silver May 2015 contract was trading at Rs 38,051 down Rs 919, or 2.36 percent. Silver touched an intraday session high of Rs 38,080 and an intraday session low of Rs 37889. So far 62 contracts have been traded on MCX commodity Exchange.

Also, Silver futures delivery in March 2015 contracts lost Rs 387, or 1.00 per cent, to Rs 38,320 per kg.

Today at the bullion market in Delhi, Silver ready plunged by Rs 1,150 to Rs 37,050 per kg and weekly-based delivery by Rs 1,110 to Rs 37,390 per kg.

Silver coins also slumped by Rs 2,000 to Rs 62,000 for buying and Rs 63,000 for selling of 100 pieces.

Meanwhile, On the Comex, New York Mercantile Exchange Silver futures for March delivery fell 2.21% at $16.1970 a troy ounce. And in Singapore, silver fell 1.00 per cent to $16.87 an ounce.

Khelo MCX Commodity Advisory offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver futures fall by 1% on speculators indulged in offloading positions tracking a weak trend overseas

Despite the weakness of the rupee against the dollar declining trend in bullion. While in global market silver is trading below $17. This has had an impact on the domestic market.

At the Multi Commodity Exchange, Silver futures contract delivery in March next year contracts lost Rs 387, or 1.00%, to Rs 38,320 per kg today as speculators indulged in offloading positions on weak global cues.

Also, Silver futures delivery in May 2015 was trading Rs 395, or 0.98% down at Rs 38,951 per kg.

KheloMCX Bullion Experts said the decline in silver futures was mostly due to a weakening trend in global markets prior to the Federal Reserve meets to evaluate the commitment to keep leverage costs low for some considerable time and offer guidance about the outlook for monetary policy.

Khelo MCX Commodity Advisory offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

Silver next year March futures contracts edges lower on global cues

Based on weak market signals in worldwide bullion, silver prices fell in MCX futures trading today as speculators sold themselves to cut positions.

At the Multi Commodity Exchange, Silver futures delivery in far-month March 2015 was down by Rs 83, or 0.21 per cent, to Rs 38,585 per kg.

In Delhi bullion market, Silver gained marginally owing to stray industrial demand. Silver (.999 fineness) added Rs 5 to settle at Rs 38,555 per kg as against Rs 38,550 yesterday.

In the international bullion market, Comex, silver futures for March delivery dipped 13.2 cents, or 0.77%, to trade at $17.05 a troy ounce.

Khelo MCX Commodity Advisory offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver futures trades higher over 2% to Rs 37,450 on global cues

Silver futures prices on MCX were trading higher on Tuesday. In the international market bullion has been again stronger as decline in the dollar index. Bullion prices in the domestic market has increased nearly 1-2 per cent. The rupee has also supported bullion in the domestic market. MCX Silver gained over 2% and traded near Rs 37,450.

At the Multi Commodity Exchange, Silver metal futures delivery in March traded higher by Rs 864, or 2.31%, to Rs 37,435 per kg.

In the capital city, Delhi silver ready retrieved by Rs 150 to Rs 36,800 per kg and weekly-based delivery by Rs 175 to Rs 36,800 per kg.

Furthermore, silver coins stayed stable over Rs 62,000 for buying and Rs 63,000 for selling of 100 pieces.

Meanwhile,on the Comex, silver futures for March delivery jumped 16.9 cents, or 1.04%, to trade at $16.44 a troy ounce.

Analysts said overnight gains in bullion in global markets as signs of the money supply will be increased in Europe and Asia revived investor demand influenced futures prices of silver.

Khelo MCX Commodity Advisory offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver prices slips over 1% in futures trade on weak global cues

Silver futures prices on MCX declined 1% in futures trade on weak global cues.

At the Multi Commodity Exchange, silver futures delivery in far-month May 2015 was trading at Rs 37,470 down Rs 428, or 1.13%. Silver futures touched an intraday high of Rs 37,583 and an intraday low of Rs 37,470.

In Delhi, silver ready held under selling pressure and poured out another Rs 200 to Rs 36,700 per kg.

However the delivery of a weekly basis traded higher by Rs 200 to Rs 36,700 per kg on increased buying by speculators.

Moreover, silver coins were wondered the last level of Rs 62,000 for buying and Rs 63,000 for selling of 100 pieces in dispersed deals.

In the international marketplace, bullion fell on Friday after official data show a healthy rebound in US hiring boosted demand for the dollar, which trades inversely as the precious metal.

Elsewhere, Comex silver for March delivery was down 1.64% at $16.303 a troy ounce.


Khelo MCX Commodity Advisory offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver March futures prices slips at Rs 36813 down 0.60 percent

 

Silver futures prices on MCX slipped on today. At the Multi Commodity Exchange, Silver March futures contract was trading at Rs 36,813 down Rs 224, or 0.60 percent. Prices touched an intraday session high of Rs 37,077 and an intraday session low of Rs 36,710.

MCX silver May contract was trading at Rs 37,434 down Rs 205, or 0.54 percent. Prices of silver hit an intraday session high of Rs 37660 and an intraday session low of Rs 37,434.

Comex gold is sluggish and the price appears to be around $1200. Silver is seeing more fall than gold. About 0.5 per cent decline of the price on COMEX silver is trading below $16.4.

In Delhi bullion market, silver ready also dropped by Rs 100 to Rs 36,900 per kg and weekly-based delivery by Rs 270 to Rs 36,070 per kg.

Moreover, silver coins resumed their journey up and rose by another Rs 1,000 to Rs 62,000 for buying and Rs 63,000 for selling of 100 pieces in demand wedding season.

KheloMCX Commodity Advisory offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver futures contracts down over 4% on weak global trend

Amidst a weak tendency in world markets and weaker demand in the domestic spot markets, prices MCX silver futures were well below 4.2%.

At the Multi Commodity Exchange, Silver May futures contract was trading at Rs 34,690 down Rs 1453, or 4.02 percent. Silver touched an intraday high of Rs 34,751 and an intraday low of Rs 34,635.

Similarly, Silver futures contract in March down Rs 1,414, or 4% to Rs 33,949 per kg.

Meanwhile, at global marketplace Comex Silver futures for March delivery fell 0.27% to $15.405 a troy ounce. Spot silver dropped as much as 6.4 percent to $ 14.42 an ounce, its lowest level since August 2009.

Analysts said that silver dropped to its lowest level since 2009 after Swiss voters overwhelmingly rejected a proposal to increase bullion reserves of central banks, providing a new trigger massive sales in an already nervous market.


KheloMCX Commodity Advisory offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver March futures down 0.74 per cent with a weakening trend overseas

Prices of MCX silver futures fell Friday as speculators committed in lowering their positions to a large extent in sync with a weakening trend overseas.

At the Multi Commodity Exchange, silver to be delivered in the distant March the next contract year 2015 fell by Rs 270, or 0.74 percent, to 36,445 rupees per kg. Yesterday MCX Silver March futures contract had fallen by Rs 706, or 1.88 percent at Rs 36,793.

At the Multi Commodity Exchange, Silver DEC 2014 Opening Price Rs 35785.00. Prices of silver touched an intraday high of Rs 35785.00 and an intraday low of Rs 35580.00.

In the international market, Silver for immediate delivery fell as much as 1.2 percent to $16.0507 an ounce, the lowest since Nov. 20 and set to halt two weeks of gains.

KheloMCX Commodity Advisory offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver March futures contract rises 0.25 percent to Rs 37,580

MCX Silver futures prices were trading higher on Wednesday.

At the Multi Commodity Exchange, Silver March contract was trading up at Rs 37,580 by 0.25 percent. Prices of silver touched an intraday high of Rs 37585 and an intraday low of Rs 37495. MCX exchange addressed 143 futures contracts have traded today.

While, at Silver December contract 880 new futures contracts have been traded.

In Delhi bullion market today, silver ready rose by Rs 175 to Rs 37,200 per kg and weekly-based delivery by Rs 165 to Rs 36,620 per kg.

Silver coins spurted by Rs 1,000 to Rs 63,000 for buying and Rs 64,000 for selling of 100 pieces.

In the global marketplace, Silver futures for March delivery gained 0.1 percent to $16.625 an ounce.

KheloMCX Commodity Advisory offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver March futures contract rises 0.25% to Rs 37,130 per kg on fresh positions

Silver prices rose 0.25% on Monday as investors create new positions, ignoring the metal weakness globally.

At the Multi Commodity Exchange, Silver futures delivery for March 2015 rose by Rs 92, or 0.25%, to Rs 37,130 per kg. Silver prices touched an intraday high of Rs 37,136 and an intraday low of Rs 37,046. So far 96 futures contracts have been traded on MCX futures Exchange.

Also on the New York Comex, Silver March futures delivery marginally up 3.4 cents, or 0.21%, to trade at $16.49 a troy ounce.

Bullion Market Analysts had attributed the rise in prices of silver in futures trading to new positions built up by profiteers even as metal weakens globally.

In Delhi, aligned with firmly overall trend, silver ready traded higher by Rs 100 to Rs 36,650 per kg and weekly-based delivery by Rs 80 to Rs 36,160 per kg.

The silver coins also sprouted Rs 1,000 to Rs 61,000 for purchase and Rs 62,000 for selling of 100 pieces on rising demand of the wedding season.

KheloMCX Commodity Advisory offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver March futures prices declines nearly 2% on global cues

Silver futures prices on MCX fell on Thursday as of weak signals of the global market amid dollar strength.

At the Multi Commodity Exchange, Silver March futures prices was trading down at Rs 36,540 by Rs 718, or 1.93 percent. Silver touched an intraday session high of Rs 36,738 and an intraday session low of Rs 36540. So far 431 futures contracts have been traded.

While, futures prices for delivery in December 2014 was trading down at Rs 35,636 by Rs 736, or 2.02 percent. Prices hit an intraday session high of Rs 35,920 and an intraday session low of Rs 35,636.

In the international marketplace, silver lost 0.60% to $ 16.05 an ounce in Singapore. Also on the Comex, silver futures for delivery in December has fallen 14.1 cents, or 0.87%, to trade at $ 16.15 a troy ounce.

KheloMCX Commodity Advisory offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver March futures trades higher by 1.77 percent at Rs 37,033 per kg

Silver futures prices on MCX trades higher on Tuesday. At the Multi Commodity Exchange, Silver futures prices were strongly up by 1.77 percent at Rs 37,033 per kg today as white metal traders built fresh positions buoyed by firm global cues. Silver prices touched an intraday session high of Rs 36,576 and an intraday low of Rs 36491. So far 48 contracts have been enter into morning trade session.

On the global marketplace, Bullion rose to the highest in two weeks after Russia said it added more bullion to its reserves and as a fall in the dollar boosted demand for the metal as an alternative investment.

In New York, Comex Silver futures for delivery in December rose 1.1 percent to $16.235 an ounce.


KheloMCX Commodity Advisory offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX silver December futures decline 0.48 per cent on weak global cues

MCX Silver prices gained on earlier morning on Monday. But now silver bullish bet is looking beaming at downward. MCX silver is looking at a decline of 0.48 percent to Rs 34.628. In morning trade, Silver rate touched an intraday high of Rs 35190 and an intraday low of Rs 35022.

Silver has been falling in the last two years from the previous peaks. But the demand for silver back, experts say.

Silver for December delivery was down 0.8 percent to $ 15.595 an ounce in New York. He advanced a 2 percent on November 7, most in four weeks, recovering from the lowest since 2010.

KheloMCX Commodity Advisory offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver December futures falls 1.35% as stronger dollar erodes metal demand

MCX Silver prices driven low 1.35 percent at 33,810 rupees per kg in the futures market today as the market players cut positions as a stronger US dollar eroded demand for the metal.

At the Multi Commodity Exchange, silver futures delivery in December declined by Rs 461, or 1.35 percent at 33,810 rupees per kg. And March futures negotiated lower by Rs 466, or 1.33 per cent to Rs 34,500 per kg.

On Comex silver rose 0.4 percent to $ 15.40 an ounce, after plunging by over 4 percent on Wednesday to a year low of $15.13 after after the ECB President Mario Draghi, stated their commitment to use unconventional measures to stimulate weak the eurozone economy.

Silver fallen to its lowest level in more than four years as a sign that the US dollar is headed toward the highest weekly gain in more than 16 months, to curb demand. The metal fell 5.1 percent this week.

KheloMCX Commodity Advisory offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver December contract declines over 4% to under Rs 34,000

 Gold and silver futures prices in the international market once again slipped to below near 4-year. On MCX silver,a much degradation is also seeing than gold, with the decline of 4 per cent is silver trading seen under 34,000.

At MCX Silver December futures contract was trading at Rs 33954 down Rs 1500, or 4.48 percent. Silver touched an intraday high of Rs 35,227 and an intraday low of Rs 34950. So far 3291 contracts have been traded.

Silver futures contract in December plunged 4.5 percent to $ 15.235 an ounce in New York, and set to $ 15.12, the lowest level since Feb, 2010. Silver ETP holdings fell 101.3 tons yesterday, the most since October 8, data compiled by Bloomberg.

At Indian bullion spot market, Silver dropped by Rs. 900 to Rs. 35,050 per kg and weekly-based delivery by Rs. 1,210 to Rs. 34,730 per kg in the national capital today.

In accordance with the users (The Silver Institute), the worldwide demand for silver jewelry transferred from 181.4 million oz in 2012 to 198,8 million ounces in 2013, up 10 percent. As compared, sales of silver eagle were over 40 million.

Bullion traders said weakening trend on global markets as dollar strength eroded demand mainly position the stress on the precious metal.

KheloMCX Commodity Advisory offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver futures fall 0.70% to Rs 38,500 on weak global cues

After yesterday's rally in gold and silver have started pressure. Despite the strengthening of the rupee's a decline trend in gold and silver on MCX.  By 0.7 per cent decline in the domestic market at MCX silver is trading at Rs 38, 500.

Yesterday, prices of silver on the international markets were increased along with gains in metals and gold. However, the strength in the dollar index crowned rally. But on the Comex today, silver futures for delivery in December yield 7.4 cents, or 0.42%, to trade at $ 17.47 a troy ounce.

KheloMCX Commodity Advisory offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver March futures contract gains Rs 190, or 0.48 percent to Rs 39,628

Silver futures prices on MCX were trading higher by Rs 190, or 0.48 percent to Rs 39,628 on Thursday. Elsewhere in metals trading on Comex, silver for December futures delivery slipped 0.25% to $17.420 a troy ounce.

Silver prices touched an intraday session high of Rs 39,695 and an intraday session low of Rs 39,421. Before trading evening, so far 199 contracts have been traded. Prices have gone down by Rs 6349, or 13.81 per cent in the March series so far.

KheloMCX Commodity Advisory  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver December futures contract gained 1.5% on firm global cues

Silver prices gained on Thursday on MCX. Silver futures rallied sharply by 1.5 per cent to Rs 38,818 per kg today as profiteers established new positions amid a firming trend in the precious metal overseas.

At the Multi Commodity Exchange, silver futures delivery in December was up by Rs 407, or 1.5 per cent, at Rs 39,818 per kg. Prices hit an intraday high of Rs 38787 and an intraday low of Rs 38350. So far 2115 contracts have been traded. Silver prices have moved down Rs 12,341, or 24.20 percent in the December series so far.

KheloMCX.com Market analysts said, fresh positions built by profiteers greatly in tandem with a firming trend in the precious metal overseas as the Fed expressed his concern the American economy could be in jeopardy of a global downturn, weakening the dollar and increasing the demand for safe haven, such an influence silver prices on futures trading.

On Wednesday showed that Fed report also showed that the central bank of the US reduced its growth forecast due to the dollar higher and concerns about global economic weakness.

Elsewhere in metals trading, Comex, silver for December delivery surged 2.57% to $17.502 a troy ounce.


KheloMCX Commodity Advisory  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver December futures traded higher by 0.75% amid a firming trend in precious metals overseas

MCX Silver prices rose in the futures market today as speculators established new positions amid a firming trend in precious metals overseas.

At the Multi Commodity Exchange Silver December futures was trading at Rs 38,654 up Rs 290, or 0.75 percent. Prices touched an intraday high of Rs 38480 and an intraday low of Rs 38362. So far 1284 contracts have been traded into the MCX Commodity Exchange.

"IMF global growth estimates for this year and next year have reduced. According to the IMF, the Eurozone, Japan, and Brazil's economy is expected to slow. Global growth have estimated to cut lead in gold and silver. To firm up the international market, domestic bullion prices are getting support." KheloMCX.com Market analysts said

Also on the Comex, silver for delivery in December inserted at 9.7 cents, or 0.56%, to trade at $ 17.33 a troy ounce. Prices plunged to a four-year low of $ 16.64 on October 3.

KheloMCX Commodity Advisory  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver futures down over 1% at Rs 40,520 on global cues

In the midst of weakening trend overseas, mcx silver prices dropped more than 1% to Rs 40,520 per kg in futures trading today as speculators trimmed trade positions.

At the Multi Commodity Exchange, silver futures delivery in far-month December traded lower by Rs 409, or 1.01 per cent, to Rs 40,520 per kg.

KheloMCX.com Market analysts said silver dropped into domestic and world futures markets after the Federal Reserve raised its interest rates this week, the dollar strengthened.

Silver futures delivery in December fell 0.4 percent to $18.445 an ounce in New York Comex exchange. It reached $18.27 yesterday, the lowest since June 2013.

KheloMCX Commodity Advisory  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver futures prices slide down below Rs 41,110 per kg on weak global trend

Tracking a weak global trend, mcx silver futures prices today slide down below Rs 41,110 per kg as speculators reduced positions.

At the Multi Commodity Exchange, Silver December futures fell by Rs 173, or 0.42 per cent, to Rs 41,097 per kg. Silver prices hit an intraday high of Rs 41315 and an intraday low of Rs 41040.

Khelo MCX Analysts said that a weak tendency in bullion metals overseas on speculation that borrowing costs in the United States will go up sooner than expected fortified the dollar, eroding the demand for precious metals as an alternative investment, pulled primarily by the silver prices in futures trade here.

Bullion metals found a bit of support, however, after that US President, Barack Obama on Wednesday said in a speech to the nation that the United States conducting a "systematic campaign" of air strikes against activists of the Islamic State in Syria.

At Comex, silver for December delivery edged up 0.15% to trade at $18.627 a troy ounce.


KheloMCX Commodity Advisory  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

Silver December futures moves down to Rs 42,000 on overseas cues

Stronger of dollars put so much pressure on bullion market. Dominates in the domestic market sell-off. MCX silver is seen around 0.1 per cent decline to Rs 42,000.

At the Multi Commodity Exchange commodity market today, Silver futures for delivery in far-month December fell by Rs 41, or 0.10 per cent, to Rs 42,035 per kg. Silver prices hit an intraday high of Rs 42185 and an intraday low of Rs 41330.

Khelo MCX Bullion Market analysts said speculators slashed positions in line with weak global trend ahead of the decision of the European Central Bank to cut interest rates and implementing a asset securitization program and the covered bond purchase continued to control market sentiment, largely helped lower trade in the silver futures market here.

Elsewhere on the Comex, silver for December delivery edged down 0.08% to trade at $19.123 a troy ounce.

Bullion slipped 1.8 percent this week on the outlook for higher U.S. interest rates and as the dollar strengthened.

KheloMCX Commodity Advisory  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver futures up at Rs. 41,920 per kg as recovery in precious metals overseas

MCX Silver prices were trading with gains on Thursday in futures market amidst speculators created fresh positions on the back of recovery in the precious metals overseas.

At the Multi Commodity Exchange futures market today,Silver September contracts traded higher by Rs. 127 or 0.3 per cent at Rs. 41,920 per kg. Silver prices hit an intraday high of Rs 42343 and an intraday low of Rs 41542.

KheloMCX.com Market analysts said. "fresh positions created by speculators in tune with a recovery in bullion market in globally on speculation that investors assessed tensions in Ukraine and the outlook for higher U.S. borrowing costs, influenced silver prices at the futures trade."

 At NewYork Comex Silver for December delivery was up 0.15% at $19.218 a troy ounce. Spot silver rose 0.1 percent to $19.2058 an ounce.

KheloMCX Commodity Advisory  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver futures fall 0.25% to Rs 42,150 per kg amidst a weak global trend

Silver futures prices on MCX were trading lower on Monday amidst a weak global trend.

At the Multi Commodity Exchange in futures trade today, Silver September contract was trading at Rs 42150 down Rs 105, or 0.25%. Silver prices hit an intraday high of Rs 42230 and an intraday low of Rs 42110. So far 275 contracts have been traded.

Meanwhile, MCX Silver December futures contract was trading at Rs 42865 down Rs 80, or 0.19 percent. Prices touched an intraday high of Rs 42900 and an intraday low of Rs 42818. So far 665 contracts have been traded.

"There is still pressure in gold and silver. The effect of the decline in the international market is being witnessed in the domestic market. Declining trend last week and this week is beginning with pressure. MCX gold is trading around 0.3 per cent to Rs 27900. While silver fell by 0.25 per cent to Rs 42,150." KheloMCX commodity experts said.

 In the meantime, silver was quoted below $ 19.49 an ounce in Singapore today of $ 19.46 on August 29.

KheloMCX Commodity Advisory  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver September Futures rose by Rs 241 to Rs 42,274 per kg on global cues

MCX Silver futures prices rose by Rs 241 to Rs 42,174 per kg in futures trading today after participating urbanized speculative positions, largely boosted by a firming trend overseas.

At the Multi Commodity Exchange (MCX) Silver September futures contract was trading at Rs 42174 up Rs 241, or 0.57 percent. Silver hit an intraday high of Rs 42180 and an intraday low of Rs 42050. So far 1617 contracts have been traded in morning session.

Similarly, Silver December futures contract was trading at Rs 42913 up Rs 251, or 0.59 percent. Prices hit an intraday high of Rs 42926 and an intraday low of Rs 42832. So far 480 contracts have been enter into morning trade session.

 KheloMCX commodity experts said, "Silver has gained momentum today on MCX and Comex. Light edge in the international market. While the weekly unemployment figures are going to come in the US today. Eurozone Consumer Confidence data is to be released. Next week is the policy of the ECB. While 0.5 per cent gains in today's silver and is trading around Rs 42200."

In the global market, bullion rose third consecutive day on heightened tensions in Ukraine and the weak dollar, tackling concerns that interest rates in the United States could rise ahead of expected due the strengthening of the economy.
Meanwhile, At U.S. Comex exchange Silver for immediate delivery rose 0.9 percent to $19.6318 an ounce.

KheloMCX Commodity Advisory  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

Silver December futures prices on MCX trades flat

Prices of silver were trading flat on MCX on Wednesday.
At the Multi Commodity Exchange (MCX), Silver December futures contract was bid at Rs 42,749 up to Rs 32, or 0.07 percent. Silver touched an intraday high of Rs 42,758 and an intraday low of Rs 42700. So far 128 futures contracts have been traded. Silver futures prices have fallen Rs 8251, or 16.18 per cent in the December series so far.

KheloMCX.com commodity experts said, "Yesterday published good economic data from the United States has taken away the shine of gold and silver. Gold and silver trading is extremely limited in the range. Consumer Confidence in America's data is quite good. Better than expected durable goods data as well. At MCX Silver is trading 0.1 per cent up to around Rs 42,000."

At global market, Silver for immediate delivery advanced 0.5 percent to $19.4594 an ounce.

KheloMCX Commodity Advisory  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver September futures contract slips on weak demand amid U.S. interest rate outlook

Silver futures prices fell in futures trading today as speculators cut back positions amid signs of weak global markets on interest rates outlook in the United States.

MCX Silver prices on were trading lower on Monday, at Multi Commodity Exchange, silver futures delivery in September traded lower by Rs 59, or 0.14 per cent, to Rs 41,896 per kg. Silver prices touched an intraday high of Rs 41954 and an intraday low of Rs 41860. So far 753 contracts have been traded in morning trade session on MCX.

Khelo MCX commodity market analysts attributed silver futures traded lower level on weak cues from overseas markets, as bullion market players continued to price in a greater risk of a sooner-than-expected hike in U.S. interest rates.

Also on U.S. Comex, silver for December delivery dipped 0.05%, or 0.9 cents, to trade at $19.45 a troy ounce.

KheloMCX Commodity Advisory  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver December futures trades lower 0.7% on weak global cues as Fed rate outlook weighs

MCX silver futures were trading lower more than 0.70% at Rs 42,780 down Rs 298 on Thursday, amid speculation that the Federal Reserve will raise interest rates sooner than expected.

At the Multi Commodity Exchange, silver for delivery in December futures was trading at Rs 42,780 down Rs 298, or 0.70%. Prices hit evening session an intraday high of Rs 42925 and an intraday low of Rs 42713. So far 355 contracts have been traded.

Also for next month Silver September futures contract was trading at Rs 42045 down Rs 296, or 0.70 percent. Prices hit an intraday high of Rs 42288 and an intraday low of Rs 41961. So far 5051 contracts have been traded.

Also on the U.S. Comex, silver for September delivery lost 1%, or 19.4 cents, to trade at $19.30 a troy ounce, the lowest since June 12.

KheloMCX Market analysts said a moderated trend in global markets as minutes meeting of the Federal Reserve signaled that policy makers can enhance borrowing costs sooner than expected.

Other officials want to see more proof for economic recovery before moving toward collection rates. Now investors looked ahead to the annual meeting of the Federal Reserve's major central bankers and economists in Jackson Hole, Wyoming, due to begin later on Thursday.

KheloMCX Commodity Advisory  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver futures rises on tracking a firming global trend

Silver futures prices on MCX rises on Wednesday amid tracking a firming global trend. And as a stronger dollar cut demand.

"Undoubtedly today is an important day for gold and silver because today the U.S. Federal Reserve is to release its meeting minutes. The Minutes of the interest rates in the United States, which could have a direct bearing on the cleanup dollar and commodity markets will witness. Prices moves in gold and silver before the event, was quite shaky." Commodity Advisory KheloMCX analysts said

At the Multi Commodity Exchange, silver for delivery in September traded higher by Rs 53, or 0.12%, to Rs 42,720 per kg.  Prices touched an intraday high of Rs 42,350 and an intraday low of Rs 42,276. So far 765 contracts have been traded.

From early trade is trading in a narrow range. Comex gold tick under $ 1300. Silver remains under $ 20. Silver for December delivery rose 0.3 percent to $19.54 an ounce in New York, after reaching a two-month low of $19.425 yesterday. Holdings in silver-backed exchange-traded products rose 91.2 metric tons, the most since May, to a two-month high of 19,719.8 tons yesterday.

KheloMCX Commodity Advisory  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver futures contract trades flat by a firm global trend as tension in Ukraine and the Middle East

Silver prices on MCX were trading flat today as market participants assessed tension in Ukraine and the Middle East.

At the Multi Commodity Exchange, Silver far-month December futures contracts gained by Rs 30, or 0.07 percent to Rs 44,220 per kg. Silver prices touched an intraday high of Rs 44272 and an intraday low of Rs 44057. So far 597 contracts have been traded in today morning session.

Likewise, Silver September futures contract was trading at Rs 43400 up Rs 83, or 0.19 percent. Prices hit an intraday high of Rs 43500 and an intraday low of Rs 43240.

Meanwhile in global market, Silver for September delivery added 0.2 percent to $19.875 an ounce in Comex, after reaching an eight-week low of $19.705 yesterday. In Singapore exchange, silver traded higher at $19.86 an ounce in from $19.82 yesterday.

Khelo MCX Commodity Analysts said profiteers accumulated new positions buoyed as the stress in Ukraine and in the Middle East versus the strength of the United States economy which had repercussions on silver metal prices at futures trade.

KheloMCX Commodity Advisory offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver September futures contract move up by Rs 223 to Rs 43,614 per kg on global cues

Silver futures prices on MCX were trading higher today. At the Multi Commodity Exchange, Silver futures delivery in September traded higher by Rs 223, or 0.54per cent, to Rs 43,614 per kg. MCX Silver price hit an intraday high of Rs 43687 and an intraday low of Rs 43492. So far 1581 contracts have been traded in morning session.

Likewise, Silver for delivery in far-month December traded higher by Rs 223, or 0.55 per cent, to Rs 44,415 per kg.

At global market, meanwhile, silver added 0.40 per cent to USD 19.86 an ounce in Singapore.

Silver for immediate delivery rose as much as 0.4 percent to $19.8634 an ounce and traded at $19.8612. Earlier, the metal dropped to $19.74, the lowest level since June 18.

Commodity tips KheloMCX analysts said profiteers accumulated new positions marked by a firming trend in white metals overseas mainly pushed silver prices in futures trading.

KheloMCX Commodity Advisory  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver futures rise amid a firm global trend

MCX Silver futures prices were trading higher on Monday as market players built up fresh positions amid a firm global trend. At the Multi Commodity Exchange, silver futures for delivery in far-month December gained by 0.24 percent or Rs 109 and trading at  Rs 45857.  Silver hit an intraday high of Rs 45930 and an intraday low of Rs 45849. So far 15 contracts have been traded.

KheloMCX Commodity tips advisory said profiteers gained by new positions, driven by firm global trend, influencing precious metal prices in futures trading.


Also on the Comex, silver September futures contract embedded 0.48%, or 10.1 cents, to trade at $20.98 a troy ounce.

Investors remained cautious after crash downing of a Malaysia jetliner in eastern Ukraine last week, with the United States blaming pro-Russian separatists for the act.

Gold and Silver also profited from the strengthening of Israel's ground offensive in Gaza against Hamas militants fired hundreds of rockets into Israel.

KheloMCX Commodity Advisory  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

Silver futures contract gains besides a firming trend ahead of U.S. jobless claims, housing data

Tacking an upward trend in the global markets, the prices of silver futures rose today as profiteers built new positions in the midst of covering up of short positions. A firming trend in the precious metals in the global marketplace, supported the rise in silver futures.

At the Multi Commodity Exchange, silver for delivery in far-month December was trading at Rs 45755 up Rs 310, or 0.68 percent. Silver hit an intraday high of Rs 45755 and an intraday low of Rs 45649. So far 50 contracts have been traded during morning trade.

While, Silver metal futures delivery in September was trading at Rs 44920 up Rs 343, or 0.77 percent. Silver hit an intraday high of Rs 44940 and an intraday low of Rs 44700.

 Prices of Spot silver was rose 0.1 percent Taking cues from strength in gold prices. However, the strength in the dollar index and a weak tradeing in base metals complex crowned rally.

Also at the Comex, silver for delivery in September rose 0.3%, or 6.2 cents, to trade at $ 20.83 a troy ounce. Prices dropped to $ 20.63 on Wednesday, the lowest level since June 20.

"On the MCX, prices are expected for trading silver sideways in today's trading. Meanwhile, the dwelling data which opens from the U.S. tonight will set the pace for prices in the next trade session.", KheloMCX Advisory said.

The U.S. was published reports on initial unemployment claims, housing starts, building permits, and the manufacturing index of Philly Fed later in the day.

KheloMCX Commodity Advisory  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Commodity Silver Far Month December Futures Contract Gains

Based on positive indications on foreign markets, the prices of MCX Silver recovered in the futures market today as speculators expanded positions.

At At the Multi Commodity Exchange, Silver December futures contract was trading at Rs 45,925 up Rs 170, or 0.37 percent.  MCX Silver price hit an intraday high of Rs 45925 and an intraday low of Rs 45823.

Until now 14 contracts have entered into trade. Silver prices have dropped Rs 5125, or 10.05 per cent in the December series so far.

KheloMCX Commodity Analysts said ahead of testimeony from the U.S. Fed chief Yallen  to Congress and continued tension in the euro zone over Portugal and profiteers accumulated new levels prevailing positions in silver futures helped for higher trade.

Meanwhile, at U.S. exchange Silver for September delivery rose 0.23% at $20.962 a troy ounce.



KheloMCX Commodity Advisory  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

Silver futures down on profit-booking, after climb 3.32 per cent on global cues

Silver futures prices dropped by 0.24% to Rs 46,130 per kg in futures trade today amid profit-booking by profiteers and a weak tendency overseas. Further, Silver prices shot up by 3.32 per cent to Rs 46,276 per kg in futures trade yesterday.

At the Multi Commodity Exchange, silver for delivery in September traded lower by Rs 110, or 0.24%, to Rs 46,130 per kg.

Silver price hit an intraday high of Rs 46,400 and an intraday low of Rs 46,171. So far 952 contracts have entered into trade. Silver futures prices have dropped Rs 790, or 1.68 per cent in the September series so far.

KheloMCX Commodity Market Analysts said a firming trend in global markets including Middle East tension fueled the demand for safe haven. In addition to the reservation utility of the participants, a weak tendency into global markets led to the fall in silver prices in futures trade here.

While, at global market Silver for September delivery fell 0.07% at $21.493 a troy ounce.

KheloMCX Commodity Advisory  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver December futures down by 0.7% at Rs 45556 per kg

The decline in gold and silver before the budget has increased. Although there has been a decline in the international market and Comex silver is trading below $ 21. Silver fell 0.7 per cent on MCX is trading at Rs 45,556.

The thing a mild is that despite the weakening rupee against the dollar in the domestic market is not supported by a weaker rupee, silver futures prices here.

At the Multi Commodity Exchange, silver futures for delivery in December shed Rs 327, or 0.70%, to Rs 45,556 per kg. Silver price hit an intraday high of Rs 45830 and an intraday low of Rs 45545. So far 37 contracts have been traded. SILVER prices have moved down Rs 5444, or 10.67 percent in the December series so far.

Khelo MCX Commodity Market analysts said speculators trimmed positions in tandem with a faint global trend since the expectation for higher borrowing costs in the U.S. prop up the dollar, reducing the appeal of precious metals as a safe haven, weighed on silver futures here.

Investors focused attention on the acts of the Fed June meeting on Wednesday ', with some other major U.S. economic releases on the calendar.

Also on the Comex, silver for September delivery fell 0.88%, or 18.7 cents, to trade at $ 21.01 a troy ounce.

KheloMCX Commodity Advisory  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver prices weakens in futures trade on global cues

Silver futures contract prices on MCX were trading down on Wednesday. MCX silver futures delivery in current month July was down by Rs 124, or 0.31 per cent, to Rs 44,160 per kg and silver futures delivery in September fell by Rs 90, or 0.20 per cent, to Rs 44,800 per kg.

While in morning trade, MCX Silver December futures contract was trading at Rs 45737 up Rs 5, or 0.01 percent. Silver price hit an intraday high of Rs 45737 and an intraday low of Rs 45655. So far 10 contracts have been traded.

KheloMCX.com market analysts said a mild trend overseas due to the recent spike in precious metals has reduced physical demand and gave rise to a fall in silver prices in futures trade here.

Also on the Comex, silver for September delivery settled down 0.28%, or 6.0 cents, to trade at $ 21.05 a troy ounce. Prices partially recovered to $ 21.21 on Tuesday, the highest level since March 18.

KheloMCX Commodity Advisory  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver September futures rise 0.43% to Rs 45,320 per kg on firming trend overseas.

MCX prices of silver September contract rose 0.43 per cent to Rs 45,320 per kg in futures trading today. The rupee recovered marginally by 4 paise to 60.10 against the US currency in early trade on Friday, SO Gold and silver is starting bullish.

At the Multi Commodity Exchange, silver for delivery in September was up Rs 194, or 0.43 per cent, to Rs 45,320 per kg.

Gold and silver prices in the international market is strong. Comex silver prices has gone beyond $21.  At U.S. Exchange, Silver for September delivery was down 0.02% at $21.158 a troy ounce.

Khelo MCX Commodity Analysts said soaring prices of silver at futures trade to a firming trend in overseas precious metals as investors scale weigh the outlook for borrowing costs in the United States.

KheloMCX Commodity Advisory  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver September futures contract trades down 0.5% on weak global trend

Silver prices on MCX is trading down on Thursday. Silver futures declined 0.52% to Rs 44,419 per kg today as profiteers cut positions in weaker signals from global markets.

There is weakness in gold and silver on international marketplace. Comex gold at livels of $ 1319 by 0.25 per cent. However, silver is 0.7 per cent down and the price level of $ 21.

At the Multi Commodity Exchange, Silver September futures contract was lost Rs 227, or 0.50%, to Rs 44,925 per kg. Silver pricehit an intraday high of Rs 44979 and an intraday low of Rs 44780. So far 219 contracts have been traded.

While, At the Multi Commodity Exchange, silver for delivery in July eased by Rs 234, or 0.52%, to Rs 44,419 per kg. Silver price hit an intraday high of Rs 44,565 and an intraday low of Rs 44,381. So far 1051 contracts have been traded.

Khelo MCX Commodity analysts said,  a weak tendency overseas as the heaviest stocks dented safe-haven appeal of precious metals, "mainly demolished prices for silver in futures trading.

Meanwhile, Also on the U.S. exchange Comex, silver for September futures contract lost 1.03%, or 21.8 cents, to trade at $20.95 a troy ounce.

KheloMCX Commodity Advisory  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver September futures fall 0.67 per cent to Rs 44,703 per kg on weak global trend

Prices of silver tumbled Wednesday on MCX. Silver prices fell for the third consecutive day and lost 0.67 per cent to Rs 44,703 per kg in the futures market today on continuous discharge of positions from speculators amidst a weaker global trend.

On MCX Silver September futures contract was trading at Rs 44703 down Rs 300, or 0.67 percent. Silver price hit an intraday high of Rs 44,770 and an intraday low of Rs 44,631. So far 331 contracts have been traded.

While the white metal Silver July futures contract was trading at Rs 44223 down Rs 271, or 0.61 percent. Silver December futures contract was trading at Rs 45531 down Rs 439, or 0.95 percent.

KheloMCX Commodity Market analysts said speculators cut positions in tandem with weak world tendency silver prices fell on futures trading.

In the international market, gold - silver are trading with losses. Silver is the drastic decline of 0.92 per cent. On the Comex, silver for September delivery shed 0.92%, or 19.4 cents, to trade at $ 20.90 a troy ounce.

KheloMCX.com  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver July futures contract down 0.32% on profit-booking, September-December also down

As prices for silver early July saw a strong rebound last week.  Prices of silver were traded in MCX with a marginal loss on Monday. At the Multi Commodity Exchange, silver July futures contract traded lower by Rs 142, or 0.32 per cent, to Rs 44,428 per kg.

Silver price hit an intraday high of Rs 44,500 and an intraday low of Rs 44,330. So far 1256 contracts have been traded. Similarly, the white metal September futures  contract was trading at Rs 44815 down Rs 97, or 0.22 percent and December futures contract was trading at Rs 45650 down Rs 96, or 0.21 percent.

Market observers said apart from profit-booking by participants, a weak tendency of precious metals in Asia resulted in the fall in silver prices in futures trade here.

Also on the U.S. Exchange Comex, silver for September shed 0.59%, or 12.4 cents, to trade at $20.87 a troy ounce.

KheloMCX Commodity Advisory  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

Silver prices recovered at 5-week high as the dollar falls on Fed outlook

Prices of silver recovered to a five-week high on Thursday, while the U.S. dollar fell after the Fed stated that interest rates will stay low for a considerable period after the end of the program to buy bank bonds .

Silver prices on MCX advanced on Friday.  In early morning trade, MCX Silver July futures contract was trading at Rs 44460 up Rs 149, or 0.34 percent. Silver price hit an intraday high of Rs 44691 and an intraday low of Rs 44353.

While, at U.S. Comex Silver for July delivery rose 0.83% at $20.820 a troy ounce.

Following its two-day meeting Wednesday, the Fed cut its bond purchases by another $ 10 billion a month, to $ 35 million, saying that there was "sufficient underlying strength" of the U.S. economy. UU. continuing to decline.

The Fed said he hopes the rate, now near zero federal funds, to reach 1.2% by the end of next year and 2.5% in late 2016, a slightly faster rate previously clamping expected.

KheloMCX Commodity Advisory  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX July Silver futures decline 0.48% on weak global trend

On tracking weak global trend, MCX silver futures prices today declined 0.48% to Rs 42,170 per kg as speculators cut their positions.

FMOC meeting last day gold and silver are traded extremely slow.

In morning trade, at the Multi Commodity Exchange, silver futures prices for delivery in July decline by Rs 204, or 0.48%, to Rs 42,170 per kg.

Market observers expect the Fed purchase program of monthly bonuses taper for another $ 10 billion from the current $ 45 billion, due to the economy improvement, mainly pulled down silver prices at futures trade.

The decision be followed by a news conference with President Janet Yellen, amid speculation over when a possible rise in interest rates.

Comex, silver for July delivery shed 0.06%, or 1.2 cents, to trade at $19.72 a troy ounce. There is a declining trend in gold also.

KheloMCX Commodity Advisory Services  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver July and September futures up on a firming trend in precious metal overseas

Prices of silver futures proceeded on Monday in MCX. Prices of silver jumped 1.13 per cent to Rs 42,350 per kg in futures trade today as participants engaged in creating speculative activities on a firming trend in the precious metal overseas.

MCX Silver July futures contract was trading at Rs 42350 up Rs 475, or 1.13 percent. Silver price hit an intraday high of Rs 42434 and an intraday low of Rs 41999.

On similar lines, the whte metal MCX Silver September futures contract was trading at Rs 42539 up Rs 537, or 1.28 percent.

Market observers attributed the increases in silver prices in futures trade to a firming a tendency overseas as the upsurge in violence in Iraq boosted demand for the precious metal as a safe heaven.

Also on the U. S. Comex Exchange , silver for July delivery inched up 0.57%, or 11.2 cents, to trade at $19.76 a troy ounce.

KheloMCX Commodity Advisory Services  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver September futures contract up 0.34 per cent on overseas cues

Silver prices on MCX gained on Friday. MCX Silver prices driven by Rs 140 to Rs 41,499 per kg in futures trade today after investors largely created positions driven by a reaffirming trend overseas.

MCX Silver September futures contract was trading at Rs 41499 up Rs 140, or 0.34 percent. The Silver price hit an intraday high of Rs 41518 and an intraday low of Rs 41454. So far 83 contracts have been traded.

Market observers blamed the rise in silver prices at futures trade to a reaffirming trend in the world markets on worries that the U.S. recovery may be stagnating.

At Comex, silver for July delivery slipped 0.10% to trade at $19.513 a troy ounce. Silver rose as much as 0.50 per cent to USD 19.63 an ounce in Singapore today.

KheloMCX Commodity Advisory Services  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips

MCX Silver July futures contract up Rs 144 at Rs 40650

Silver prices on MCX gains today. Comex silver is trading above $ 19 but MCX silver gained 0.36 per cent to Rs 40 650.

MCX Silver July futures contract was trading at Rs 40650 up Rs 144, or 0.36 percent. The Silver price hit an intraday high of Rs 40,750 and an intraday low of Rs 40,522. So far 5886 contracts have been traded.

While, MCX Silver September futures contract was trading at Rs 40671 down Rs 22, or 0.05 percent.

Also on the Comex, silver for July delivery inched up 0.51%, or 9.7 cents, to trade at $19.26 a troy ounce, the highest since May 27.


KheloMCX Commodity Advisory Company India  offers MCX Silver free trading tips, Intraday Silver tips, visit today for free advisory: http://khelomcx.com/free-trial-commodity-tips