MCX wrapped up a busy week from August 29 to September 4. Traders hit a total turnover of Rs. 23,20,058.20 crore across commodity futures, options, and index futures. Commodity futures brought in Rs. 2,35,519.23 crore. Options added a notional Rs. 20,84,512.74 crore. The Bullion Index MCXBulldex September contract ended at 24,913 points. Premium turnover in options reached Rs. 21,027.07 crore.
GOLD futures gains by 4.23% and SILVER futures by 4.45%, while CRUDEOIL futures drops 0.14% during the week of August 29 to September 4. Precious metals trading topped Rs. 190,068.61 crore. MCX Gold October futures started at Rs. 102,146. It peaked at Rs. 107,226 and dipped to Rs. 102,069. From a prior close of Rs. 102,100, it rose Rs. 4,317 to Rs. 106,417 per 10 grams.
Gold-Guinea September futures climbed Rs. 3,605 or 4.41% to Rs. 85,442 per 8 grams. Gold-Petal September futures added Rs. 448 or 4.38% to Rs. 10,688 per 1 gram. Gold-Mini October futures opened at Rs. 101,915. It hit Rs. 107,136 high and Rs. 101,915 low. It gained Rs. 4,300 or 4.22% to Rs. 106,310 per 10 grams.
Gold-Ten September futures began at Rs. 102,075. It reached Rs. 107,250 high and Rs. 102,069 low. It advanced Rs. 4,349 or 4.26% to Rs. 106,424 per 10 grams. Silver December futures opened at Rs. 118,312. It soared to Rs. 126,300 and fell to Rs. 118,261. From Rs. 118,644 prior, it jumped Rs. 5,276 to Rs. 123,920 per kilogram.
Silver-Mini November futures surged Rs. 5,314 or 4.49% to Rs. 123,791 per kilogram. Silver-Micro November futures rose Rs. 5,311 or 4.48% to Rs. 123,787 per kilogram. Metals trading hit Rs. 9,263.43 crore. Copper September futures gained Rs. 8.5 or 0.95% to Rs. 899.75 per kilogram.
Zinc September futures increased Rs. 6.1 or 2.28% to Rs. 273.3 per kilogram. Aluminum September futures rose Rs. 0.45 or 0.18% to Rs. 253.35 per kilogram. Lead September futures improved Rs. 0.75 or 0.42% to Rs. 181.4 per kilogram. Energy trading reached Rs. 36,135.72 crore.
MCX Electricity September futures opened at Rs. 4,250 per MWh. It hit Rs. 4,325 high and Rs. 3,319 low. It dropped Rs. 581 to Rs. 3,694. Crude Oil September futures started at Rs. 5,628. It peaked at Rs. 5,825 and bottomed at Rs. 5,541. It fell Rs. 8 or 0.14% to Rs. 5,611 per barrel.
Crude Oil-Mini September futures declined Rs. 6 or 0.11% to Rs. 5,612 per barrel. Natural Gas September futures opened at Rs. 261.9. It reached Rs. 276.4 high and Rs. 253.6 low. From Rs. 261.4 prior, it gained Rs. 11 or 4.21% to Rs. 272.4 per MMBTU.
Natural Gas-Mini September futures also rose Rs. 11 or 4.21% to Rs. 272.4 per MMBTU. In agriculture, Mentha Oil September futures opened at Rs. 968.8. It gained Rs. 24.8 or 2.56% to Rs. 993.2 per kilogram. Cardamom September futures started at Rs. 2,460. It added Rs. 118 to Rs. 2,561 per kilogram.
Trading volumes showed strength. Gold contracts totaled Rs. 113,063.32 crore. Silver hit Rs. 77,005.30 crore. Copper reached Rs. 5,828.94 crore. Aluminum and mini futures added Rs. 998.33 crore. Lead and mini futures brought Rs. 138.07 crore.
Zinc and mini futures hit Rs. 2,287.64 crore. Crude oil and mini futures recorded Rs. 6,638.74 crore. Natural gas and mini futures saw Rs. 29,020.56 crore. Mentha oil added Rs. 42.78 crore. Open interest ended strong.
Gold futures held 18,078 lots. Gold-mini had 38,221 lots. Gold-guinea showed 9,420 lots. Gold-petal reached 86,850 lots. Gold-ten had 9,648 lots. Silver futures stood at 18,681 lots. Silver-mini hit 31,771 lots.
Silver-micro reached 104,486 lots. Crude oil futures had 11,119 lots. Natural gas futures showed 21,921 lots. MCXBulldex September futures opened at 23,824 points. It hit 25,088 high and 23,776 low. It gained 1,119 points to 24,913.
GOLD futures gains by 4.23% and SILVER futures by 4.45%, while CRUDEOIL futures drops 0.14% during the week of August 29 to September 4. This wraps up the key moves at MCX.
