Gold prices rose by 0.21 per cent to Rs 27,336

Gold prices rose by 0.21 per cent to Rs 27,336 per 10 grams in futures trade as speculators created fresh positions taking positive cues from the global market. At Multi Commodity Exchange, gold for delivery in far- month April was up by Rs 58, or 0.21 per cent, to Rs 27,336 per 10 gram in business turnover of 38 lots. The precious metal for delivery in February moved up by Rs 34, or 0.13 per cent, to Rs 27,193 per 10 gram in a turnover of 1,765 lots. Meanwhile, gold rose to USD 1,238.32 an ounce in New York, the highest price since October 23.

Silver prices were marginally up by 0.08 per cent to Rs 38,550 per kg in futures trading today as participants built up fresh positions, tracking a better trend overseas. At the Multi Commodity Exchange, silver for delivery in March next year gained by Rs 29, or 0.08 per cent to Rs 38,550 per kg in business turnover of 1,734 lots. Likewise, the white metal for delivery in far-month May contracts traded higher by Rs 33, or 0.08 per cent to Rs 39,162 per kg in 43 lots.

COPPER

Buoyed by a firm global trend and increased domestic demand, copper prices rose 0.20 per cent to Rs 404.10 per kg in futures trade today, as participants created speculative positions. At the Multi Commodity Exchange, copper for delivery in February next year traded higher by 80, or 0.20 per cent, to Rs 404.10 per kg in business turnover of 184 lots. Metal for delivery in far-month April contracts edged up by 55 paise, or 0.14 per cent, to Rs 407.70 per kg in three lots.

CARDAMOM

Cardamom prices rose by 0.67 per cent on Thursday at the Multi Commodity Exchange (MCX) on account of good buying support from both exporters and upcountry buyers and also on hopes of improved export demand. At MCX, Cardamom futures for December 2014 contract were trading at Rs 777.20 per kg, up by 0.67 per cent, after opening at Rs. 778 against the previous closing price of Rs. 772. It touched the intra-day high of Rs. 778 till the trading. (At 10.35 AM today).