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Taking cues from the price of yellow metal in the international market, MCX February gold futures were trading at Rs 61,104 around 9:30 am, down Rs 77 or 0.13% from Tuesday's closing price. Meanwhile, the March Silver futures were trading at Rs 71,580 per kg, higher by Rs 282 or 0.39%
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Gold futures on the MCX have lost 2.43% or Rs 1,523 per 10 grams on a month-to-date basis. They are up by 11.09% or Rs 6,100 on a year-to-date basis as of Monday, December 11. Meanwhile, silver futures have declined nearly Rs 5,651 or 7.29% in value terms in December while gaining 3.53% or Rs 2,451 on a YTD basis.
Nifty closed on a negative note on Tuesday while majority of the sectoral indices also closed in the red.At close on Tuesday, Nifty50 slumped 90 points or 0.43 per cent to 20,906, while Sensex was down 377 points or 0.54 per cent to ...
The near-term uptrend of Nifty is still intact and the market seems to have shifted into minor profit booking mode as per a smaller time frame chart. A move below 20,850 could slide Nifty towards another support of 20,700 levels (10-day EMA), said Nagaraj Shetti of HDFC Securities.