Commodity Wrap| MCX Gold Silver| Bullion Tips| Intraday Tips

commodity intraday tips, commodity tips, MCX NCDEX Advice, MCX Agri Commodity Tips, MCX Intraday Tips, MCX Gold Silver, MCX Bullion, MCX Base Metal, Agri commodities, Copper, Base metals, Mentha oil, Natural Gas, crude oil, commodity face, NCDEX Intraday Tips, Agri Commodity Tips, NCDEX Agri Commodity Tips, Commodity Wrap,Gold, silver were trading higher on Monday morning due to buying in precious metals from jewelers, industries, and retailers. MCX Gold futures were trading 0.45%, or Rs 132, up at Rs. 29,705/10 gram late morning hours today, while MCX Silver was up 0.76%, or Rs 299, at Rs 39,895 /1 kg in the meanwhile.
The third tranche of SGB scheme on Oct 9: Meantime, the finance ministry said in its release on Friday, that the govt will launch the third tranche of sovereign gold bond (SGB) scheme, today, October 9. The SGB bonds will be sold through banks, Stock Holding Corpn of India Ltd, nominated post offices and recognized stock exchanges in the NSE and BSE.
Minimum investment in the bonds is one gram with a maximum limit of subscription of 500 grams per individual per financial year. The highest limit of subscribed would be 4 kg for HUF and individual and 20 kg for trusts and similar entities per fiscal. The government has so far issued 9 tranches of sovereign gold bonds since its launch.

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