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PRECIOUS METALS

GOLD

Gold costs were dipped by Rs 158 to Rs 29,940 for each 10 grams in exchange today as members cut down their possessions, generally in accordance with a week pattern abroad.

At Multi Commodity Exchange, gold for delivery in far-month June was exchanging lower by Rs 158, or 0.52%, at Rs 29,940 for every 10 grams, in a business turnover of 22 parts.

Globally, gold fell 0.54% to $1,254.20 an ounce in Singapore.

SILVER

Silver for delivery in May was exchanging lower by Rs 297, or 0.79 %, to Rs 37,130 for each kg in a business turnover of 650 lots in futures at the Multi Commodity Exchange(MCX).

On comparable lines, the white metal for delivery in far-month July dipped Rs 262, or 0.69 %, at Rs 37,613 for each kg with a business turnover of 11 lots.

In the global market, silver exchanged 0.62 % lower at $15.23 an ounce in Singapore.

FOOD :

CHANA costs were around 0.36% to Rs 4,401 for each quintal in futures exchange today as participants helped their positions, driven by facilitating request against satisfactory stocks position.

    At the National Commodity and Derivatives Exchange, chana for delivery in far-month May rolled down by Rs 16, or 0.36% to Rs 4,401 for every quintal with an open intrest of 18,130 lots.

SUGAR costs rolled down by 0.15% to Rs 3,329 for each quintal in futures exchange today as participants helped their positions, activated by satisfactory stocks at the spot market on higher supplies from factories.

     At the National Commodity and Derivatives Exchange, sugar for delivery in far-month May dipped by Rs 5, or 0.15% to Rs 3,329 for each quintal with an open intrest of 1,14,390 parcels.

Thus, the sweetener for delivery in March was trading down by Rs 4, or 0.12% to Rs 3,212 for each quintal in 56,880 lots.