D A I L Y B U Z Z
Gold price moved up by 0.27 per cent to Rs 30,252 per ten gram in futures trade today as speculators created fresh positions on firm global cues.At the Multi Commodity Exchange, gold for delivery in December month rose by Rs 81, or 0.27 per cent, to Rs 30,252 per ten gram in business turnover of 2,545 lots.
Similarly, the metal for delivery in February moved up by Rs 48, or 0.16 per cent, to Rs 29,933 per ten gram in 46 lots.
Silver prices edged up by 0.33 per cent to Rs 51,343 per kg in futures market today as speculators created fresh positions on higher global trend.
At the Multi Commodity Exchange, silver for delivery in March month rose by Rs 167, or 0.33 per cent, to Rs 51,343 per kg in business turnover of 34 lots.
Likewise, the white metal for delivery in December traded higher by Rs 145, or 0.29 per cent, to Rs 49,905 per kg in 3,322 lots.
Meanwhile, silver rose by 0.40 per cent to $22.65 an ounce in London.
D A I L Y B U Z Z
Crude oil added Rs 13 to Rs 6,030 per barrel in futures market today as speculators created fresh positions, taking a positive cues from overseas markets.
At the Multi Commodity Exchange, crude oil for delivery in November rose by Rs 13, or 0.22 per cent, to Rs 6,030 per barrel in business turnover of 10,765 lots.
In a similar fashion, the oil for delivery in December gained Rs 21, or 0.21 per cent, to Rs 6,074 per
barrel in 435 lots.
Market analysts attributed the rise in crude oil futures to a firm global trend.
Meanwhile, crude oil rose 54 cents at 97.40 dollar a barrel in New York Exchange.
Coriander prices moved up by 0.71 per cent to Rs 6,958 per quintal in futures trade today on pick up in demand in the spot market against tight supplies on limited arrivals from producing regions.
At the National Commodity and Derivative Exchange, coriander for delivery in December moved up by Rs 49, or 0.71 per cent, to Rs 6,958 per quintal with an open interest of 7,320 lots.
Similarly, the spice for delivery in November traded higher by Rs 37, or 0.55 per cent, to Rs 6,775 per quintal in 20,440 lots.
Market analysts said besides pick up in demand in the spot market, tight supplies following less arrivals from producing regions also influenced coriander prices at futures trade.
Jeera futures hit a contract low on Thursday due to hopes of a greater area under cultivation, higher-than-expected spot supplies and stocks from the old crop.
At 0934 GMT, the actively traded jeera contract for November delivery was down 0.14 per cent at Rs 12,610 per 100 kg on the National Commodity and Derivatives Exchange, (NCDEX) after hitting a contract low of 12,525 rupees earlier. It has fallen more than 13 percent between September 3 and October 23. The most-actively traded turmeric contract for November delivery was down 0.78 per cent at Rs 4,864 per 100 kg on the NCDEX.
