MCX Gold prices today touched all-time record of Rs 31,400 per 10 grams in the bullion stock market here on strong cues from global markets. Traders said gold registered gains for the seventh trading session in a row, rising by Rs 100, on sustained buying by stockists amid rally in overseas market. More Information about Free mcx gold tips visit my site mcx-today.blogspot.com
The investors were also seen shifting funds from melting equities to firming bullion, they added. However, silver lacked necessary buying support and declined by Rs 100 to Rs 57,700 per kg.
In global stock markets, MCX gold rose to a four-month high on speculation that central banks from the US to China will act to spur economic growth and investment holdings in the metal climbed to record, supporting its rally here.
India MCX gold of 99.8% and 99.4% purity advanced by Rs 100 each to Rs 31,400 and Rs 31,200 per 10 grams, respectively.
Silver ready declined by Rs 100 to Rs 57,700 per kg, while weekly-based delivery spurted by Rs 1,000 to Rs 58,200 per kg on speculative buying.
Silver coins met with resistance at higher levels and plunged by Rs 1,000 to Rs 72,000 for buying and Rs 73,000 for selling of 100 pieces.
The investors were also seen shifting funds from melting equities to firming bullion, they added. However, silver lacked necessary buying support and declined by Rs 100 to Rs 57,700 per kg.
In global stock markets, MCX gold rose to a four-month high on speculation that central banks from the US to China will act to spur economic growth and investment holdings in the metal climbed to record, supporting its rally here.
India MCX gold of 99.8% and 99.4% purity advanced by Rs 100 each to Rs 31,400 and Rs 31,200 per 10 grams, respectively.
Silver ready declined by Rs 100 to Rs 57,700 per kg, while weekly-based delivery spurted by Rs 1,000 to Rs 58,200 per kg on speculative buying.
Silver coins met with resistance at higher levels and plunged by Rs 1,000 to Rs 72,000 for buying and Rs 73,000 for selling of 100 pieces.
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