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Gold up, Silver down

Mumbai, Feb 20 (UNI) Spot Gold today rose on improved demand while Silver fell on thin buying support in the closing session, traders at the Bombay Bullion Association said.

Following are the closing rates of Silver and Gold: Silver (per kg) 999 fineness grade : Rs 20,440 (20,495), Gold (per 10 gm): Gold 99.5 purity standard mint : Rs 9,590 (9,575), Gold 99.9 purity pure gold : Rs 9,635 (9,625).

UNI

NCDEX records trade worth Rs 3,007 cr

Mumbai, Feb 20 (UNI) About 608 members (2,789 users) of the National Commodity and Derivatives Exchange (NCDEX) today participated in trading up to 1700 hrs and volumes traded were Rs 3,007 crore (one-way). There were 92,560 trades put through by them. Active trades were in guarseeds, chana, refined soy oil, pepper, jeera and gold, an NCDEX release here said. Yesterday, about 608 members participated in trading and put through 103,980 trades. The volume of trading yesterday till 2330 hrs.....

Rupee opens weak at 44.15/16 per US dollar

Mumbai, Feb 20 (UNI) The rupee today opened lower at 44.15/16 per US dollar as against the previous day's close of 44.13/14, traders said. The domestic unit slipped over the investors concern that the central bank was making attempts to block their efforts to strengthen the rupee beyond 44 per dollar. Later, the partially-convertible rupee was at 44.19/20 per dollar, slipping from Monday's close of 44.13/14 due to purchase of dollar by nationalised banks, operators said. The operators believe that.....

Rupee looses shine and ends at 44.18/19 against the US dollar

Mumbai, Feb 20 (UNI) The Rupee today closed lower at 44.18/19 down from its previous close of 44.13/15 against the US dollar, at the interbank foreign exchange (Forex) market here, amid speculations that the Central Bank has once again driven it down in a bid to keep exports competitive. Market analysts believe the Reserve Bank of India (RBI) has prevented the Rupee from strengthening to a 16-month high. Traders said capital inflows were subdued after US markets were closed on.....
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