Yesterday at MCX, the top traded commodities in terms of quantity were Silver M for April contract with 141,523 lots, Crude Oil for April contract with 139,534 lots, Silver for May contract with 91,219 lots, , Silver MIC for April contract with 78,905 lots, Copper for April contract with 73,905 lots and Nickel for March contract with 35,669 lots.
On the domestic arena, at MCX Crude Oil for September contract closed at INR 4,953.00. It touched a high of INR 4,978.00 and a low of INR 4,929.00 after opening at INR 4,969.00. Crude Oil for August contract closed at INR 4,923.00, it touched a high of INR 4,945.00 and a low of INR 4,886.00 after opening at INR 4,938.00.
Gold for October contract closed at INR 21,690.00, it touched a high of INR 21,792.00 and a low of INR 21,680.00 after opening at INR 21,784.00. Gold for August contract closed at INR 21,388.00, it touched a high of INR 21,498.00 and a low of INR 21,340.00 after opening at 21,45000.
Silver for December contract closed at INR 57,587.00, it touched a high of INR 58,414.00 and a low of INR 57,352.00 after opening at INR 58,000.00. Silver for September contract closed at INR 56,596.00, it touched a high of INR 57,439.00 and a low of INR 56,275.00 after opening at INR 57,004.00.
On the domestic arena, at MCX Crude Oil for September contract closed at INR 4,953.00. It touched a high of INR 4,978.00 and a low of INR 4,929.00 after opening at INR 4,969.00. Crude Oil for August contract closed at INR 4,923.00, it touched a high of INR 4,945.00 and a low of INR 4,886.00 after opening at INR 4,938.00.
Gold for October contract closed at INR 21,690.00, it touched a high of INR 21,792.00 and a low of INR 21,680.00 after opening at INR 21,784.00. Gold for August contract closed at INR 21,388.00, it touched a high of INR 21,498.00 and a low of INR 21,340.00 after opening at 21,45000.
Silver for December contract closed at INR 57,587.00, it touched a high of INR 58,414.00 and a low of INR 57,352.00 after opening at INR 58,000.00. Silver for September contract closed at INR 56,596.00, it touched a high of INR 57,439.00 and a low of INR 56,275.00 after opening at INR 57,004.00.
Silver declined from its historic peak at the bullion market, on bouts of profit taking by speculators and investors, ignoring the trends in the overseas market where the white metal was ruling at three-decade high.
India is becoming on of the most attractive destination for global black pepper trade. This is mainly due to the shortage of the spice in other leading producing countries.
India is becoming on of the most attractive destination for global black pepper trade. This is mainly due to the shortage of the spice in other leading producing countries.
On the domestic front, crude oil futures prices are trading with positive note on the back of following firm global cues. April future surged as much as 4,756.00 per barrel on the Multi Commodity Exchange (MCX) as speculators increased their fresh long positions tracking persisting violence in Libya, boosted concern that unrest in North Africa and Middle East will further disrupt the supply. May future advanced as much as 0.26% to $105.88 per barrel on the New York Mercantile Exchange (NYMEX) after Allied forces attacked against the ground forces of Libyan leader Muammar Qaddafi. Moreover, JP Morgan Chase & Co. raised its forecast for Brent crude oil to $118 per barrel due to concern over conflict in North Africa.
At Multi Commodity Exchange (MCX), crude oil future for April contract is trading at Rs. 4,750.00 per barrel, up by 0.55%, after opening at Rs. 4,725.00 against the previous close price of Rs. 4,724.00. It touched the intra-day high of Rs. 4,757.00 till the trading. (At 05:22 PM today).
