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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.


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MCX Silver September futures contract gains Rs 164 at Rs 40095

MCX Silver futures prices were trading higher on Wednesday.

MCX Silver September futures contract was trading up Rs 164 at Rs 40095. The Silver price hit an intraday high of Rs 40108 and an intraday low of Rs 40000.

While, MCX Silver July contract was trading at Rs 39885 up Rs 105, or 0.28 percent. The Silver price hit an intraday high of Rs 39940 and an intraday low of Rs 39843.

U.S.Exchange Silver for July delivery rose 0.17% to trade at $18.795 a troy ounce.

Experts said, the precious metal has come under heavy selling pressure from recently because investors bet on robust economic growth in the U.S. during the second quarter.


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MCX Silver September futures contract slips at Rs 39626

Silver prices on MCX were trading with marginal loss on Monday. In the international market, silver is seen in light gains. However, Comaex silver is trading below $ 19.

MCX Silver September futures contract was trading at Rs 39626 down Rs 45, or 0.11 percent. The Silver price hit an intraday high of Rs 39761 and an intraday low of Rs 39625.

So far 184 contracts have been traded. Silver prices have moved down Rs 7374, or 15.69 percent in the September series so far.

Also on the Comex, silver for July delivery inched up 0.43%, or 8.1 cents, to trade at $18.76 a troy ounce.

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