DAILY COMMODITY MARKET NEWS-07 NOV 2014

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Gold:- prices plunged by Rs 450 to trade at over three-year low of Rs 25,900 per 10 grams in the national capital on Wednesday as the dollar's strength dampened demand for the precious metal.

Silver:-  followed suit and recorded a steep fall of Rs 900 to Rs 35,050 per kg on poor offtake by industrial units and coin makers.

Bullion:-  traders said a weakening trend in global markets, as the dollar's strength eroded demand, mainly put pressure on the precious metal .

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