Gold, silver crash in future trading

Mumbai, May 22 (UNI) Prices of gold and silver crashed in the future trading on poor speculative demand by bearish operators, traders at the Multi-Commodity Exchange (MCX) today said.

Gold was quoted low at USD 645.30/646.50 per troy ounce, while silver was quoted low at USD 12.15/12.27 per troy ounce at the closing in the global markets, they added.

Following were the gold and silver futures trading rates in rupees during the end of first session: Commodity, open, high, low, close, prev close.

Gold Jun 06 9,765, 9,785, 9,382, 9,607.............9,812, Volume quantity 26,279 kg, worth Rs 251,432.22 lakh.

Gold Aug 06 9,950, 9,951, 9,507, 9,762............10,004, Volume quantity 1,902 kg, worth Rs 18,498.14 lakh.

Gold Oct 06 10,151, 10,200, 9,713, 10,028..........10,258, Volume quantity 80 kg, worth Rs 797.20 lakh.

GoldHNI May 06, no trading Volume quantity nil kg, worth Rs nil lakh.

Silver Jul 06, 19,060, 19,060, 18,022, 18,631........19,172, volume quantity 581,640 kg, worth Rs 107,434.07 lakh.

Silver Sep 06, 19,525, 19,525, 18,535, 18,986........19,716, Volume quantity 9,750 kg, worth Rs 1,844.78 lakh.

Silver Dec 06, 20,011, 20,011, 19,351, 19,685........20,459, Volume quantity 210 kg, worth Rs 41.34 lakh.

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