Tuesday, February 16, 2016

Bullion Opened with a Fall. Crude Up : 16 Feb 2016

Second consecutive day declining trend in gold and silver prices is being witnessed. MCX gold April contract declined by Rs 235 to trade at Rs 28,455/36, where as MCX Silver dropped by Rs 284 to trade at 80710 grams.

The sharp fall in gold prices in the international market is seeing a decline of $ 45 1,194 dollar Nyamaks gold / ounce and silver fell by 58 cents to $ 15.20 / ounce is trading at.

Worldwide equity market sharply reduced investment demand for gold is seeing. Getting the gold sell-off. 

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