Tuesday, August 16, 2011

India gold futures may add to gains


There are we talk about gold future so India gold future s are likely to extend gains for a seventh week in a row helped  by continued safe haven buying  overseas, with investor s closely eyeing the movement  in the rupee for direction ,analysts said .
I think the most –active gold for October delivery on the multi Commodity Exchange was trading   1.76 percent higher at 26,140 rupees per 10 grams at closely at 3:54 p.m ,nearing a last week ‘s record high
Of 26,457 rupees.  
Now we are talk about MCX Silver that getting MCX SIlVER jump s above 59000 in opening trade at Indian‘s  multi commodity Exchange extending a second monthly advance, on speculation that supply
Will lag behind demand as the global economic  outlook  stays uncertain. 
         

 

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