Gold futures fell by Rs 1,159, silver by Rs 3,818 for the week.


A total turnover of Rs.3,96,358.12 crore was recorded in 58,87,440 trades in various commodity futures, options and index futures on the country's leading commodity derivatives exchange during the week from June 16 to 22, with commodity futures accounting for Rs.1, 04,050.77 crore and the share of options was Rs.2,92,055.18 crore.

During the week, open interest in silver (30 kg) options contracts was seen at a high of 362 tonnes on Tuesday, June 20. Along with this, a record notional turnover of 178 tonnes worth Rs 1,287 crore was recorded in options contracts of silver (5 kg).

During the week under review, 10,02,595 trades worth Rs.60,133.09 crore were transacted in precious metals futures in gold and silver. In gold futures, gold August futures opened at Rs.59,340 per 10 grams at the beginning of the week, during the week it hit a high of Rs.59,555 and a low of Rs.58,150 during the week, at the end of the week Rs.1,159 fell to Rs.58 It reached the price of 196. Against this, Gold-Guinea June contract 8 per gram decreased by Rs.176 to Rs.47,705 and Gold-Petal June contract decreased by Rs.115 per gram to reach the price of Rs.5,811. Gold-mini July futures fell by Rs.1,105 to Rs.58,144 per 10 grams.

Among silver futures, silver July opened at Rs.72,323 per kg at the beginning of the week, touched an intraday high of Rs.73,044 and a low of Rs.67,950 during the week. It closed at the level of 308. The Chandi-Mini June contract fell by Rs.3,676 to Rs.68,460 and the Chandi-Micro June contract fell by Rs.3,689 to close at Rs.68,442.

In non-ferrous metal futures, 1,12,365 deals worth Rs 12,621.51 crore were traded at MCX during the week. Copper June futures opened at Rs 736.40, down by Rs 8.40 to Rs 726.85, while aluminum June contract fell by Rs 4.90 to Rs 199.65 and lead June contract fell by Rs 1.80 to Rs 726.85. 183 was the price.

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