Big jump in gold-silver futures on a weekly basis

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The country's leading commodity derivatives exchanges recorded a total turnover of Rs 4,12,612.11 crore in 2,6,050 deals in various commodity futures, options and index futures during the week from March 8 to 10. The precious metals index Buldex was up 1031 points in March futures, the non-ferrous metals index Metaldex was up 11,500 points in March futures and the energy index was up 191 points in March.

Among the precious metals futures, gold and silver traded at a total volume of Rs 2,6.5 crore in 19,3,208 deals. Among gold futures, MCX Gold April futures opened at Rs 31,605 per 10 grams at the beginning of the week, hitting an intra-day high of Rs 4.5 and a low of Rs 21,600 during the week, with a rise of Rs 1.3 over the weekend. The price reached Rs. Against this, the Gold-Guinea March contract rose by Rs 1,205 per gram to Rs 2,62 and the Gold-Petal March contract rose by Rs 15 per gram to Rs 2,6.

Among silver futures, silver May futures opened at Rs 2.3 per kg at the beginning of the week, hitting Rs 3,08 at intra-day and Rs 4.5 at intra-day during the week, at the end of the week at Rs. ૨૫૬૭ Bounce closed at Rs 30,51. Silver-Mini April contract Rs. The silver-micro April contract closed at Rs 30,600, up Rs 5,6.

Non-ferrous metals futures traded at Rs 2,100.5 crore in 1,3,8 deals at MCX. Aluminum March futures fell by Rs 2.50 per kg to Rs 4.5 and zinc March futures by Rs 10.05 to Rs 319 per kg. On the other hand, copper March contract fell by Rs 4.5 to Rs 309.5 and nickel March contract by Rs 4.5 to Rs 2,8.50 and lead March contract fell by Rs 4.5 to Rs 19. . In the energy segment futures, the MCX saw a total turnover of Rs 21,06.5 crore in 2,09,120 deals. Crude oil futures for March opened at Rs 3,70, hitting an intra-day high of Rs 2,6 and Rs 3,05, before finally hitting Rs 5,15 per 1 barrel.

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