Ready silver (.999 fineness), after a firm start at Rs 8005, rose further smartly to end at Rs 8025, showing a good rise of Rs 45 over the last close of Rs 7980. Raw silver (.916 fineness) also resumed higher at Rs 7895 and ended at Rs 7905, revealang a handsome gain of Rs 50 over the previous close of Rs 7855. Tenderable silver rose by Rs 45 to Rs 8030 from the last close of Rs 7985.

Standard gold resumed with strength at Rs 4600, but met with some profit-taking at that level and eased moderately to end at Rs 4590, showing a smart rise of Rs 10 over the last close of Rs 4580. 22-carat gold was nominally quoted higher at Rs 4245 from the previous level of Rs 4235 and ten-tola gold bar (.999 purity) rallied by Rs 150 to Rs 53,850 from Rs 53,700. Yarn listless Listless condition prevailed in viscose and nylons on the yarn market.

Nylon yarn 15/1/0dn Shreelon were on offer at Rs 290, Gujnil 20/1/0dn at Rs 285, 30/1/0dn at Rs 320 and 111/24/0dn at Rs 170 a kg.VFY bright cones 150dn were quoted at Rs 193, 120dn at Rs 205, 100dn at Rs 213, 75dn at Rs 253, 40dn at Rs 428 as also 120dn dull cones at Rs 206.

Grains dull
A dull condition was in evidence on the grains market following sluggish demand. Prices ruled quietly steady. Wheat MP Lokvan medium ruled at Rs 815-850, superior at Rs 900-1,100, 147 at Rs 900-1,000 and Sarbati in the range of Rs 1,000-1,400 a quintal. Perimal Punjab medium and superior were traded at Rs 1,000-1,200 and at Rs 1,250-1,300 respectively.

In the case of pulses, rajma chitra deshi ruled at Rs 1,850-1,875, Chinese new at Rs 1,650-1,700 and old at Rs 1,550-1,600. Red rajma Myanmar new found sellers at Rs 1,300-1,400 and old at Rs 1,250-1,275. Moong Myanmar medium and superior were traded at Rs 1,675-1,750 and at Rs 1,900-2,100 respectively.

Cotton turns easy
Undercurrent in cotton turned easy following favourable weather conditions in the producing areas.V-797 at Rs 13,700-14,100 and Wagad at Rs 13,400 a candy spot reacted by Rs 200. Sanker ruled quietly steady in the range of Rs 18,000-22,000. Around 300 bales of Manawadar Sanker is understood to have changed hands at Rs 20,800.

Punjab ruled quietly steady as there is hardly any stock. J-34 saw ginned good avearge ruled at Rs 1,850-1,890 a maund and cart selected at Rs 1,900-1,970 spot. Bengal deshi were quoted at Rs 1,220-1,260.

Sugar divergent
Mixed trend prevailed on the sugar market.Local prices ruled steady on moderate buying support. M-30 at Rs 1,503-1,550 and S-30 at Rs 1,480-1,515 a quintal, ex-godown as also M-30 at Rs 1,490-1,510 and S-30 at Rs 1,470-1,475 ex-octroi checkpost held steady.

However, pressure continued in ex-mill transactions. With the result, tender prices were placed lower by Rs 10. M-30 were indicated at Rs 1,440-1,450 and S-30 at Rs 1,410-1,425 in Kolhapur line.

Castor futures down
Palm oil declined further sharply on the oilseeds market here today due to weak Malaysian advices. Elsewhere, prices in the futures market also declined on poor export demand. However, other oils and oilseeds held steady on restricted activity.Imported palm oil fell sharply by Rs 4 to end at Rs 219 as against the previous close of Rs 223 due to fall in the Malaysian prices. However, groundnut oil, castor oil commercial, castorseed Madras and linseed oil showed no change from the previous close of Rs 400, Rs 363, Rs 1665 and Rs 305 respectively.

In the futures market, castorseed September contract opened firm at Rs 1678, but soon met with stockists' selling due to poor export demand and fell sharply to end at Rs 1669, showing a moderate fall of Rs 8 over the last close of Rs 1677. In castor oil international contract, August delivery eased by Rs 3 to Rs 375 from Rs 378 on poor demand from overseas buyers.

Nickel firms up
Nickel shot up in generally firm non-ferrous metal market here today on reports of higher global advices. Copper, brass and aluminium edged up on stray industrial demand.Nickel hardened by Rs 3 per kg to Rs 528 from Rs 525 due to rise in this metal on the London Metal Exchange (LME) at the fag-end of the last week.

Copper scrap heavy inched up to Rs 122 per kg, followed by copper wire bar to Rs 133, copper utensils scrap to Rs 104.50, brass utensils scrap to 89.50, brass sheets cutting to Rs 98.50, aluminium ingots to Rs 92 and aluminium utensils scrap to Rs 71 per kg.However, zinc, lead and tin ruled steady.

Delhi
Both the precious metals, at the Delhi bullion market remained subdued on Monday on weak Hong Kong advices.Silver in Hong Kong slipped from 503 cents to 501 cents an ounce, consequently, spot silver .999 fineness slipped by Rs 5 at Rs 7830 a kg and silver weekly delivery suffered a loss of Rs 10 at Rs 7840 a kg. Inflow of imported silver on Saturday improved from 2000 kg to 4000 kg. Industrial demand in silver was reported good.

Silver coins remained unchanged at Rs 10,700-10,800 per 100 pieces.Gold in Hong Kong ruled easy at $289 an ounce, but inflow of imported as well as smuggled gold remained negligible, as a result, gold biscuit and standard mint gold held steady at Rs 4600 and Rs 4610 per 10 gram, respectively.

Gold sovereign also held steady at Rs 3825-3850 per 8 gram.