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Gold price MCX: Futures gain Rs 213 to Rs 42,598 per 10 gm

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Gold prices on Friday climbed Rs 213 to Rs 42,598 per 10 gram in futures trade as participants were indulged in widening positions even as the precious metal weakened overseas. On the Multi Commodity Exchange (MCX), gold contracts for April traded higher by Rs 213, or 0.50 per cent, to Rs 42,598 per 10 gram in a business turnover of 5,096 lots.

The gold price for June delivery edged up by Rs 303, or 0.71 per cent, to Rs 42,901 per 10 gram in a business turnover of 157 lots. Globally, gold prices fell 0.77 per cent to USD 1,629.90 per ounce in New York. 

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Silver futures slump 1.91 pc on weak global cues

Silver futures on Friday fell by Rs 880 to Rs 45,300 per kg in futures trade as speculators cut down their bets on a weak global trend.

On the Multi Commodity Exchange, silver contracts for March delivery tumbled by Rs 880, or 1.91 per cent, to Rs 45,300 per kg in a business turnover of 2,311 lots.

Besides, the white metal to be delivered in May fell by Rs 900, or 1.93 per cent, to Rs 45,758 per kg in 11,239 lots.

In the international market, silver prices traded 2.71 per cent lower at USD 17.26 an ounce in New York. 



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