Market Update

Market Watch

Tuesday 13 January 2015

Today Mcx Tips Bullion Market Updates; Gold glitters on seasonal demand

Money CapitalHeight have launched the Bullion Premium Tips especially for those people who prefer to do trade in huge amounts and multiple lots in Indian commodity market. All the accurate Free Mcx Market tips and updates you can easily get on your mobile with most authentic and accurate MCX Tips, MCX Bullion Tips, Free Mcx Tips, Stock Cash Tips, Free MCX Trading Tips.For more info you can visit us at www.capitalheight.com/bullion-premium.php or call at 0731-6615050.
=====================================================
In Bullion Markets Gold extended gains on Tuesday to climb to its highest since October, boosted by safe-haven demand triggered by a continued slump in oil prices and weakness in some equities markets. Asian stocks were mostly firmer on Tuesday after benign Chinese economic data, but concerns lingered, with oil trading close to its lowest in nearly six years.
Riding on wedding season demand from jewelers and a firming global trend, gold regained its sheen with prices rising by Rs 230 to Rs 27,480 per ten gram at the bullion market today.Gold, typically seen as an alternative investment to riskier assets such as stocks, rose as investor’s channeled money into the asset along with other safe havens such as the yen. Spot gold rose as far as $1,238.81 an ounce, its highest since Oct. 23.
In Mcx Silver also rebounded by Rs 400 to Rs 37,250 per kg on increased off take by industrial units and coin makers. In line with a general firm trend, silver ready recovered by Rs 400 to Rs 37,250 per kg and weekly-based delivery by Rs 415 to Rs 37,245 per kg. On the other hand, silver coins continued to be traded at last level of Rs 61,000 for buying and Rs 62,000 for selling of 100 pieces.

No comments:

Post a Comment