DAILY BUZZ
Silver prices at futures trade today rose by 0.31 per cent to Rs 41,148 per kg as speculators built up fresh positions, tracking a firming overseas trend.
At the Multi Commodity Exchange, silver prices for delivery in September rose by Rs 128, or 0.31 per cent, to Rs 41,148 per kg in business turnover of 1,106 lots.
In the international market, silver gained 0.43 per cent, to trade at $ 20.01 an ounce in New York yesterday.
Market analysts said besides short-covering by speculators, gains in the precious metals in the overseas markets at lower levels, influenced silver prices at futures trade here
Base Metals & Energy
DAILY BUZZ
Lead futures prices today gained 0.74 per cent on rising demand at domestic spot markets and positive cues from global markets.At the Multi Commodity Exchange, lead for delivery in July traded 90 paise, or 0.74 per cent higher at Rs 122.75 per kg, with a turnover of 1,572 lots.
The metal for delivery in August also rose by 80 paise, or 0.65 per cent to trade at Rs 123.55 per kg, in a business turnover of 131 lots.
Meanwhile, at the London Metal Exchange, lead traded a shade higher at USD 2,076 a tonne.
Agro Outlook
DAILY BUZZ
Cardamom prices declined by 1.32 per cent to Rs 758 per kg in futures trade today as speculators trimmed their positions amid adequate stocks.Likewise, the spice prices for delivery in September declined by Rs 8, or 1 per cent, to Rs 788.20 per kg, with a trading volume of 108 lots.
Market analysts said besides profit-booking, subdued demand in the spot markets against
adequate stocks position also kept pressure on cardamom prices at futures trade.
Potato futures prices today fell by 2.25 per cent to Rs 646.30 per quintal on profit booking by traders due to lower domestic demand.
The commodity for delivery in August slipped by Rs 13.80, or 1.93 per cent, to Rs 700 per quintal, with a trading volume of 93 lots.
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