Gold, silver futures prices plummet in recession: crude oil prices wiped out
Mumbai, Ta: 18 March 2020, Wednesday
Various commodity futures and options together saw a turnover of Rs 1.8 crore in the first session, with commodity futures accounting for Rs 1.8 crore and options trading at Rs 1.8 crore. In commodity futures, gold futures futures continued to fall in the futures prices of gold and silver. The next day correction in crude oil was washed out in the energy segment, with futures prices falling by about Rs 2 per barrel. Natural gas was also down. Cotton's futures continued to rise against the fall in cotton futures prices in agricultural commodities. The cardamom was loose against CPO and mentha oil refining.
In commodity futures, gold and silver futures in precious metals had a turnover of Rs. On futures, MCX gold closed at Rs 1 per gram, closing at Rs 5 on the top and Rs 5 at the end of the first session.
Gold-Guinea March contract fell by Rs 1 to Rs 5 per gram and gold-petal March contract fell to Rs 5 per gram at the end of the first session, while gold-mini April futures fell by Rs 5 per gram. The closing price was Rs.
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