Today, Gold and Silver Were Moving In the Opposite Directions

August 13, 2018

Today, in the morning trade, both the precious metals gold and silver were moving in the opposite directions.

At around 11 am, MCX Gold futures were trading 0.4 per cent, or Rs 120 higher at Rs 29,788 per 10 grams, while MCX Silver futures were down 0.41 per cent, or Rs 158, at Rs 37,969 per 1 kg at the same time.

The world’s largest gold-backed exchange-traded fund, said its holdings stood at 786.08 tonnes, remain unchanged from the previous business day.

Holdings of the largest silver-backed exchange-traded-fund, New York’s iShares Silver Trust SLV, stood at 10177.78 down 38.03 tonnes, from the previous business day.

About nehanchal

I am Nehanchal. 3 years ago, I started my career as content writer at Money classic Research. I am fascinated with this job and I feel habit of reading and writing enhances your skills. I love to write technical and health blogs. However, I am engineer turned writer and pursued graduation at Rajiv Gandhi Prodyogiki Vishwavidhyalaya.
By: nehanchal

Leave a Reply

Your email address will not be published. Required fields are marked *