Standard gold maintained at Rs 4,380 per 10 gm. so was gold .22 carat at Rs 4,050 per 10 gm. Prices of gold biscuit (116.50 gm.) climed by Rs 50 at Rs 51,350 per piece amidst tight supplies, dealers said. Uptrend in dollar value against rupee also kept prices firm as dollar prices hardened from Rs 43.92 to Rs43.97. In the global market gold dropped further from $276.25 to $275.10 per ounce on expected sale by Swiss and Bank of England, it was gathered.

Meanwhile silver .999 looked up by Rs 10 at Rs 7,890 per kg. Silver .916 was down by Rs 5 at Rs 7,755 per kg on fresh arrivals of raw silver from local sources. Overall volume of trading was low and hardly 140/150 kg of silver changed hands in the local market today, it was stated. In the global market the white metal ruled steady at $4.98/4.99 per ounce.

Yarn listless
A quietly steady trend prevailed on the yarn market. Activity remained very slack.

Polyester texturised yarn grey first quality of medium sized units 80dn roto ruled at Rs 89-90, micro roto at Rs 94-95, weft at Rs 84-85 and 80/1,000 at Rs 120-125, 80/1,400 at Rs 128-130.150dn weft were on offer at Rs 74-75 and single roto at Rs 75-76.

Bengal deshi reacts
Firm trend prevailed in staple cotton while Bengal deshi price reacted.On tight supply and buying support, Punjab J-34 gained Rs 10 a mound afresh. J-34 saw ginned good average ruled at Rs 1,800-1,910, Cart selected at Rs 1,830-1,945 spot. Bengal deshi were placed at Rs 1,160-1,190.

V-797 moved up by Rs 200 a candy at Rs 13,200-13,500. Sanker ruled steady at Rs 18,000-21,000.

G'nut oil up
Groundnut oil looked up modestly on the oil,oilseeds market here today. Castorseed and its oil ruled firm in ready delivery while prices placed unchanged in the forward market.

Groundnut oil edged up by Rs 2 at Rs 357 per 10 kg amidst tight supplies from Gujarat and market talks of hike in the import duty on edible oil. In Rajkot prices closed static at the lower level of Rs 610 per 15 kg. Palm oil closed a rupee up at Rs 412 per 10 kg on expectation of hike in the import duty and bullish trend in dollar value. However, in the global market palm oil slipped sharply by $10 at $320 per tonne on fear of duty hike by Union government, it was learnt. Forward deliveries were quoted at $322.50/325 per tonne.

Castor oil recovered by Rs 2 at Rs 400/412 per 10 kg on renewed overseas enquiries following smart rally in dollar value. Castorseed ready were up by Rs 10 at Rs 1,850 per quintal in sympathy.

In the future section castorseed June delivery shot up from Rs 1,848 to Rs 1,852 but later, light bull liquidation pulled down prices to Rs 1,848 at the close of the session. Today no trading took place in September delivery, floor sources said.

In the international castor oil future market June delivery was steady at Rs 412 per 10 kg. In Ahmedabad Castorseed June delivery looked up by Rs 4 at Rs 1,779 and September delivery was down by Rs 7 at Rs 1,832 per quintal. Castorseed arrivals in Gujarat were placed around 4500/5000 bags today.

Grains static
A steady condition was in evidence on the grains market. Activity was modest.Wheat Maharashtra SRT/HD were on offer at Rs 900-950, Lokvan at Rs 775-850 a quintal. Gujarat-17 were quoted at Rs 1,400-1,800.

Rice Perimal Punjab medium ruled at Rs 1,000-1,200 and superior at Rs 1,250-1,300.

Among pulses, green peas USA Rumba/Heart were placed at Rs 1,241, Canada at Rs 931-941. White peas Canada eased by Rs 10 at Rs 911. Urad Burma hardened again on low level support and ruled at Rs 2,250-2,275. Australian gram found sellers at Rs 1,375. Kabuli gram A-2 were placed at Rs 3,500-3,700, B-2 at Rs 3,000-3,200 and C-2 at Rs 2,200-2,600. Natural were quoted at Rs 2,800-2,900.

Sugar rules weak
Sugar price ruled weak following sluggish demand.Prices dropped down by Rs 10 to 12 a quintal. M-30 ruled at Rs 1,461-1,520 and S-30 at Rs 1,405-1,455 ex-godown. Ex-octroi checkpost, M-30 were quoted at Rs 1,410-1,435 and S-30 at Rs 1,380-1,395. In tenders, M-30 were indicated at Rs 1,350-1,360 and S-30 at Rs 1,325-1,335 in Kolhapur line.

Delhi
Spices were mostly easy as buying interest declined while arrivals continued to pour in. Black pepper closed with a loss of Rs 5-10 at Rs 225-265 and small cardamom fell by Rs 15-30 to Rs 500-870 per kg. Still their prices are uncompetitive for export demand to emerge. Bull operators of Kochi, therefore, had to ease their grip over the market. Arrivals to Vendumetu auction also had sharply increased to 43,000 kg small cardamom on Saturday, pressuring the market.

Turmeric guttha and polished fell by Rs 50-200 as Sangli reported a sharply up stock. Kalaunji rode higher on remours of export to Pakistan and improved by Rs 1000 to Rs 5500-6500 per quintal.