Gold-silver futures up Rs 2,500 on weekly basis: Crude jumps

A total turnover of Rs.5,58,346.70 crore was recorded in 60,24,095 trades in various commodity futures, options and index futures on the country's leading commodity derivatives exchange during the week of October 13 to 19, with commodity futures accounting for Rs.1, 14,766.61 crores and option share of Rs. 443434.27 crores.

During the week under review, 10,13,525 trades worth Rs 73,474.82 crore were transacted in gold-silver futures of precious metals.

Among gold futures, gold December futures opened at Rs.57,970 per 10 grams at the beginning of the week, touched an intra-day high of Rs.60,375 and a low of Rs.57,931 during the week, ended the week with a jump of Rs.2,400 to Rs. 60,318 was reached.

Against this, Gold-Guinea October contract rose by Rs.1,739 per gram to Rs.48,186 and Gold-Petal October contract rose by Rs.146 to Rs.5,947 per gram. Gold-mini November futures rose by Rs.2,322 to Rs.59,935 per 10 grams.

Among silver futures, silver December futures opened at Rs.69,365 per kg at the start of the week, touched an intra-day high of Rs.72,745 and a low of Rs.69,297 during the week, with a jump of Rs.2,542 at the end of the week. 71,616 was closed. The silver-mini November contract increased by Rs.2,540 to Rs.71,698 and the silver-micro November contract increased by Rs.2,512 to close at Rs.71,704.

In non-ferrous metal futures during the week, 66,465 deals worth Rs 8,529.54 crore were traded at MCX. Copper October futures opened at Rs.701.20, up by Rs.0.65 to Rs.700.55 while aluminum October contracts fell by Rs.0.85 to Rs.202.70 and lead October contracts rose by Rs.0.15 to Rs. 186 was the price.

The price of zinc October contract fell by Rs.1.35 to Rs.219. Among the mini futures, aluminum-mini October contract fell by Rs.2.50 per kg to Rs.203.75, Sisu-mini October contract fell by Rs.0.05 to Rs.186.25 and zinc-mini October contract fell by Rs.1.40 to Rs.218 per kg. .90 was closed.