Mumbai - Gold, Silver futures traded higher on Multi Commodity Exchange here on Wednesday. Gold, silver futures traded down on selling pressure from higher level in the morning session. Precious metals settled with gains in the previous session. In the international market gold traded down USD3.15 at USD1194.55/oz.
On MCX, Gold August futures traded up Rs.38/10gm and silver September futures up Rs.155/kg.
MCX's most active gold August contract opened down Rs.14 at Rs.18,325/10gm and moved between Rs.18,312-Rs.18,399/10gm. At 5.28 pm IST, the contract traded Rs.38 higher at Rs.18,377/10gm. August contract volumes clocked 16637 lots.
MCX gold mini, the most active August contract opened down Rs.6 at Rs.18,331/10gm. It fluctuated between Rs.18,302-18,381/10gm. At 5.30 pm IST, August contract traded up Rs.23 at Rs.18,360/10gm. Total volumes in August contract clocked 21206 lots.
Benchmark Silver September contract opened Rs.4 lower at Rs.28,626/kg. The contract fluctuated between Rs.28,595-Rs.28,839/kg. At 5.31 pm IST, silver September contract traded up Rs.155 at Rs.28,785/kg. Total volumes clocked 20069 lots.
MCX Silver mini August futures opened down Rs.25 at Rs.28,606/kg and moved between Rs.28,595-Rs.28,845/kg. At 5.32 pm mini silver August futures traded up Rs.155 at Rs.28,786/kg. Total volumes recorded 21945 lots.
