Silver .999 gained Rs 100 to Rs 7,720 per kg. In the ready section silver .916 rose by Rs 110 to Rs 7,600 per kg. in sympathy. Industrial and seasonal buying continued while eased overseas advices and firm Delhi and global advices boosted the sentiment of the market. In the global market silver advanced from $5.06 to $5.21 per ounce.

Castor oil down

Groundnut oil ruled steady while castor oil moved down sharply on the oil,oilseeds market here today. Castorseed ready and forward deliveries on the other hand moved in opposite direction.

Groundnut oil remainedunchanged at Rs 594 per 10 kg amidst sluggish buying interest. However tight supply position kept offerings limited. In Rajkot prices ruled steady at Rs 870/875 per 15 kg.

Imported palm oil closed Rs 2 lower at Rs 388 per 10 kg exclusive of tax amidst demand resistance while continued inflow prompted profit-taking among local importers. In the global market palm oil held at $725 per tonne for nearby deliveries while forward deliveries were finished lower at $685/690 per tonne.

Castor oil edged down by a rupee to Rs 441/453 per 10 kg. Castorseed ready closed Rs 5 lower at Rs 2015/2021 per quintal.

In the futures section castorseed December delivery initially fell from Rs 1,726 to Rs 1,719 but later on short covering lifted prices upward as prices closed towards close at Rs 1744 per quintal.

In Ahmedabad December delivery moved up from Rs 1,739 to Rs 1,748 per quintal. In Gujarat castorseed ready delivery placed Rs 10 higher at Rs 405 per 20 kg. Castor oil looked firm at Rs 430 from Rs 425 per 10kg.

Cotton improves:

A better trend prevailed on the cotton market following buying inquiries and restricted selling.

V-797 at Rs 15,500-15,800, Morbi wagad at Rs 15,100-15,200 and kala ginned at Rs 14,600-14,700 a candy spot were up by Rs 100. Sanker ruled steady in the range of Rs 18,500-22,000.

In Punjab zone, ready J-34 price was up by Rs 10 to 15 a maund. Good average were placed at Rs 1725-1800 and cart selected at Rs 1850-1980.

In forward, the price held steady. Bengal deshi October and November were placed at Rs 1350-1380 and at Rs 1300-1335 respectively. J-34 saw-ginned good average October were quoted at Rs 1715-1800 and November at Rs 1710-1725. Cart selected November ruled at Rs 1800-1860.

Sanker new October were placed at Rs 20,500-21,000, MP Y-1 November at Rs 17,500, LRA Nov. at Rs 18,200-1,8300, H-4 ready at Rs 20,500-21,000 and October at Rs 20,000-20,500 a candy.

Yarn subdued:

A dull-to-slightly subdued trend prevailed on the yarn market following persistentslack demand.

Polyester yarn grey first quality of medium-sized units 80dn rotoset were placed at Rs 78-79, micro rotoset at Rs 90-92, weft at Rs 73-74 and warp at Rs 87-88 a kg, easy by a rupee. 150dn, weft at Rs 60, warp at Rs 70-71, single roto at Rs 64 and double roto at Rs 66 were static.

Markets closed:

The local grains and sugar markets remained closed today following death anniversary of an union leader.