Silver futures were trading lower during the afternoon trade in the domestic market on Thursday as participants engaged in trimming their positions taking weak cues from global market. Marketmen attributed the fall in silver prices at futures trade to a weak trend in the precious metals overseas and profit-booking by participants at existing levels.
At the MCX, silver futures for September 2018 contract was trading at Rs 37090 per kg, down by 0.12 per cent, after opening at Rs 37,069, against a previous close of Rs 37,135. It touched the intra-day low of Rs 37,003
Silver futures were trading lower during the afternoon trade in the domestic market on Thursday as participants engaged in trimming their positions taking weak cues from global market. We attributed the fall in silver prices at futures trade to a weak trend in the precious metals overseas and profit-booking by participants at existing levels.
At the MCX, silver futures for September 2018 contract was trading at Rs 36920 per kg, down by 2.33 per cent, after opening at Rs 37,677, against a previous close of Rs 37,799. It touched the intra-day low of Rs 36,423.
Cardamom futures were trading higher during the morning trade in the domestic market on Thursday as investors and speculators extended their positions in the agri-commodity amid rise in physical demand for cardamom in the domestic spot market. Further, insufficient supplies on higher physical arrivals from the major cardamom producing regions, supported the upward trend in the domestic cardamom prices.
At the MCX, cardamom futures for September 2018 contract was trading at Rs 1296.80 per kg, up by 2.99 per cent, after opening at Rs 1296, against a previous close of Rs 1259.10. It touched the intra-day high of Rs 1296.80.
Nickel futures were trading higher during the noon trade in the domestic market on Monday as speculators increased their positions, taking positive cues from spot market on soaring demand. Analysts said, widening of positions by traders on the back of rising demand from alloy-makers at domestic spot markets and a firm trend overseas kept nickel prices higher in futures trade.
At the MCX, nickel futures for August 2018 contract is trading at Rs 960.80 per kg, up by 0.87 per cent, after opening at Rs 957.60, against a previous close of Rs 952.50. It touched the intra-day high of Rs 962.90.
Lead futures were trading higher during the afternoon trade in the domestic market on Monday as participants created fresh positions, taking positive cues from spot market on pick-up in demand. Marketmen said building up of positions by traders backed by upsurge in demand from battery-makers at domestic spot market, supported the upside in lead prices at futures trade.
At the MCX, lead futures for August 2018 contract is trading at Rs 145.20 per kg, up by 0.30 per cent, after opening at Rs 144.50, against a previous close of Rs 144.90. It touched the intra-day high of Rs 145.40.
Silver futures were trading higher in the domestic market on Tuesday taking positive cues from the global market. Market analysts said a firm trend in precious metals in global market mainly attributed to the rise in silver prices at the futures trade.
At the MCX, silver futures for September 2018 contract closed at Rs 38,093 per kg, up by 0.52 per cent, after opening at Rs 37,967 against a previous close of Rs 37,896. It touched the intra-day high of Rs 38,134.
Silver futures were trading higher in the domestic market on Thursday taking positive cues from the global market. Market analysts said a firm trend in precious metals in global market mainly attributed to the rise in silver prices at the futures trade.
At the MCX, silver futures for September 2018 contract closed at Rs 38,000 per kg, up by 0.12 per cent, after opening at Rs 37,975 against a previous close of Rs 37,956. It touched the intra-day high of Rs 38,035.
Silver futures were trading lower during the afternoon trade in the domestic market on Monday as participants engaged in trimming their positions taking weak cues from global market. We attributed the fall in silver prices at futures trade to a weak trend in the precious metals overseas and profit-booking by participants at existing levels.
At the MCX, silver futures for September 2018 contract was trading at Rs 38301 per kg, down by 0.07 per cent, after opening at Rs 38,250, against a previous close of Rs 38,326. It touched the intra-day low of Rs 38,146.
Cardamom futures were trading lower during the morning trade in the domestic market on Wednesday as speculators booked profits at prevailing levels amid easing demand in the spot market. Analysts said besides profit booking by participants at existing level, fall in demand against adequate stocks position, mainly led to decline in cardamom prices at futures trade.
At the MCX, cardamom futures for Septmeber 2018 contract was trading at Rs 1079 per kg, down by 0.05 per cent, after opening at Rs 1080, against a previous close of Rs 1079.50. It touched the intra-day low of Rs 1079.
Zinc futures were trading lower during the afternoon trade in the domestic market on Tuesday as speculators trimmed positions amid easing demand in the spot market. Analysts said offloading of positions by participants on the back of tepid demand in the spot markets, mainly led to decline in zinc prices at futures trade.
At the MCX, zinc futures for July 2018 contract was trading at Rs 182.50 per kg, down by 1.64 per cent, after opening at Rs 186.25, against a previous close of Rs 185.55. It touched the intra-day low of Rs 181.55.
Nickel futures were trading higher during the noon trade in the domestic market on Thursday as participants widened their bets, driven by pick-up in demand in the spot market. Analysts attributed rise in nickel futures to building-up of positions by traders due to pick up in demand from alloy- makers in the spot market.
At the MCX, nickel futures for June 2018 contract is trading at Rs 1052.70 per kg, up by 0.89 per cent, after opening at Rs 1049.20, against a previous close of Rs 1043.40. It touched the intra-day high of Rs 1054.30
Nickel futures were trading higher during the noon trade in the domestic market on Monday as participants widened their bets, driven by pick-up in demand in the spot market. Analysts attributed rise in nickel futures to building-up of positions by traders due to pick up in demand from alloy- makers in the spot market.
At the MCX, nickel futures for June 2018 contract is trading at Rs 1033.80 per kg, up by 0.34 per cent, after opening at Rs 1032.80, against a previous close of Rs 1030.30. It touched the intra-day high of Rs 1037.50
