Ready sivler (.999 fineness) opened firm at Rs 8215 and rose further sharply to close at Rs 8285, showing a handsome gain of Rs 135 over the previous close of Rs 8150. Raw silver (.916 fineness) rallied by Rs 180 to end at Rs 8180 from the previous close of Rs 8000.

Tenderable silver rose steeply to Rs 8290 from Rs 8155.

Standard gold, rose by Rs 5 to end at Rs 4350 from the last close of Rs 4345. 22-carat gold was nominally quoted higher at Rs 4025 from Rs 4020, while ten-tola gold bar (.999 purity) rose by Rs 100 to end at Rs 51,100 from the previous close of Rs 51,000.

Palm oil spurts
Prices improved further on the oilseeds market here today on increased demand. However, castorseed futures declined.

In the edible section, imported palmoil recovered by Rs 6 to end at Rs 329 from yesterday's close of Rs 323 on fresh demand amidst thin supply.

However, groundnut oil held steady at Rs 427 on stray support.

Linseed oil showed a good recovery of Rs 5 to close at Rs 450 from the last close of Rs 445 on heavy paint industries' offtake, while linseed bold ruled unchanged at Rs 1700. Castor oil and castorseed Madras rose further to Rs 338 and Rs 1526 respectively from the previous close of Rs 337 and Rs 1522 on increased demand by soap manufacturers and exporters.

In futures, castorseed March contract opened steady at Rs 1479 and after moving narrowly, closed at Rs 1475, showing a fall of Rs 4 over the last close of Rs 1479. June contract was not traded.

Milling wheat looks up
Milling wheat price looked up on the grains market. Elsewhere, genereally, steady condition prevailed.

Milling wheat price was edged up by Rs 5 a quintal at Rs 740-745 on buying support. Wheat new Saurashtra were traded in the range of Rs 900-975. NorthGujarat Sonaklyan were placed at Rs 825-841. Rice Perimal Punjab ruled at Rs 950-1100 while superior fetched Rs 1200-1400. SLO were on offer at Rs 1050-1250.

Among pulses, white peas Canadian were up by Rs 25 at Rs 825 on improved offtake while tur Myanmar were down by Rs 50 at Rs 1550-1575 on increased offerings. Kenyan and Tanzanian tur continued to be traded at Rs 1850-1875 and at Rs 2000-2025 respectively. Urad Myanmar firmed up by Rs 50 afresh at Rs 1550 on sustained buying support.

Moong Myanmar at Rs 1650-1750 and Chinese at Rs 1850-1875 were maintained. Australian gram met with support at Rs 1225-1250. Kabuli gram

A-2 at Rs 2800-3100, B-2 at Rs 2500-2600, C-2 at Rs 1700-2000 and natural at Rs 2300-2400 were steady. Rajma chitra deshi and Chinese continued to be on offer at Rs 2500-2700 and at Rs 2500 respectively while red rajma imported fetched Rs 2500.

Green peas USA were placed at Rs 1350 and Canadian at Rs 800-925.

Sugar subdued
A slightly subdued trend prevailed on the sugarmarket following restricted demand.

Price eased by Rs 3 to 5 a quintal. M-30 were placed at Rs 1420-1480 and S-30 at Rs 1395-1435 ex-godown. Ex-octroi checkpost, M-30 were quoted at Rs 1400-1410 and S-30 at Rs 1375-1395.

Tenders were over. Delivery orders for M-30 and S-30 were mentioned at Rs 1350-1360 and at Rs 1335-1345 respectively in Kolhapur line.Brazilian sugar white at Rs 1325 and biscuit colour at Rs 1250 plus sales tax ruled unchanged.

Cotton steady
A steady trend continued on the cotton market. Activity was moderate.Arrivals in Punjab zone were comprised of 2000 bales of Bengal deshi and 7000 bales of J-34. Bengal deshi roller-ginned Punjab were placed at Rs 1425-1500, Haryana at Rs 1430-1435 and Rajasthan at Rs 1445-1465 a maund spot.

J-34 saw-ginned good average Punjab and Haryana were placed at Rs 1655-1750 and at Rs 1615-1695 respectively while Rajasthan were quoted at Rs 1685-1705. Cart selected Punjab were traded at Rs 1800-1940, Haryana at Rs 1725-1730 and Rajasthan at Rs1720-1740. J-34 roller ginned good average ruled in the range of Rs 1555-1665.

Yarn unchanged
Polyesters were well-held at ealier high levels on sustained buying support.Grey first quality of medium-sized units 80dn rotoset and micro rotoset were in demand at Rs 95-96 and at Rs 100 a kg respectively. 80dn weft were quoted at Rs 90 and warp at Rs 98-100. 80/1000dn and 80/1400dn were transacted at Rs 135-140 and at Rs 145-150 respectively.

150dn weft ruled at Rs 65-66, warp at Rs 72-73, single roto at Rs 69-70 and double roto at Rs 71-72.