Thursday, 12 January 2012

MCX GOLD COMMODITY ONLINE LIVE NEWS


GOLDEN INVESTMENT RESEARCH PRIVATE LIMITED.
MCX  GOLD LIVE NEWS

`Gold prices continued to rise on Wednesday despite some weakness in the euro and on expectations that China could emerge as a major buyer of the metal in 2012. U.S. February gold futures settled up USD 8.10 at USD 1,639.60 an ounce, with volume in line with its 30-day average. Silver was down 0.3% on the day at USD 29.85 an ounce, after it rose more than 3% in the last session. Holdings of the largest gold-backed exchange-traded-fund New York`s SPDR Gold Trust dropped 0.03% on Wednesday from Tuesday and that of the largest silver-backed ETF, New York`s iShares Silver Trust remained unchanged during the same period’.

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