The Multi Commodity Exchange (MCX), India’s leading commodity derivatives exchange, recorded a total turnover of Rs 54,475.86 crore across various futures and options contracts till 5:30 PM today. Commodity futures accounted for Rs 10,205.63 crore, while options on commodity futures saw a notional turnover of Rs 44,268.92 crore. The Bullion Index MCXBULLDEX March 2025 futures reached 20,167 points.
Bullion Market Sees Gains
The turnover of gold and silver futures reached Rs 7,529.94 crore as both metals registered gains.
- Gold Futures:
- Gold April 2025 contract rose 0.87% to Rs 84,950 per 10 grams.
- Gold Mini March 2025 contract increased 0.91% to Rs 85,065 per 10 grams.
- Gold Guinea March 2025 contract climbed 0.54% to Rs 69,070 per 8 grams.
- Gold Petal March 2025 contract gained 0.41% to Rs 8,646 per gram.
- Silver Futures:
- Silver March 2025 contract surged 1.37% to Rs 94,156 per kg.
- Silver Mini April 2025 contract rose 1.33% to Rs 95,670 per kg.
- Silver Micro April 2025 contract increased 1.28% to Rs 95,646 per kg.
Gold futures recorded a turnover of Rs 3,621.58 crore with 4,269 lots traded, while silver futures registered Rs 1,572.32 crore in turnover with 5,509 lots traded.
Base Metals Show Mixed Performance
Base metal contracts accounted for a turnover of Rs 994.02 crore.
- Copper March 2025 contract rose 0.14% to Rs 862.80 per kg.
- Zinc March 2025 contract gained 0.73% to Rs 268.65 per kg.
- Aluminium March 2025 contract increased 0.35% to Rs 258.15 per kg.
- Lead March 2025 contract fell 0.08% to Rs 180.25 per kg.
Copper futures recorded a turnover of Rs 603.95 crore, followed by zinc at Rs 200.43 crore, aluminium at Rs 98.54 crore, and lead at Rs 9.74 crore.
Crude Oil and Natural Gas Decline
Energy products contributed a turnover of Rs 1,851.54 crore.
- Crude Oil March 2025 contract declined 0.13% to Rs 6,110 per barrel, with a turnover of Rs 274.97 crore.
- Natural Gas March 2025 contract dropped 0.53% to Rs 337 per mmBtu, recording a turnover of Rs 1,262.54 crore.
Agricultural Commodities Trade in a Narrow Range
- Mentha Oil March 2025 contract gained 0.17% to Rs 918 per kg.
- Cotton Candy March 2025 contract declined 0.06% to Rs 53,100 per candy.
Options Market Highlights
Commodity options saw a notional turnover of Rs 44,268.92 crore, with a premium turnover of Rs 798.88 crore.
Crude Oil Options:
- Call Option (March 2025, Rs 6,100 strike) fell 6.76% to Rs 150.40, with 49,682 lots traded.
- Put Option (March 2025, Rs 6,100 strike) declined 2.35% to Rs 141.50, with 50,098 lots traded.
Natural Gas Options:
- Call Option (March 2025, Rs 340 strike) dropped 9.4% to Rs 15.90, with 15,763 lots traded.
- Put Option (March 2025, Rs 330 strike) dipped 0.36% to Rs 13.80, with 13,222 lots traded.
Gold Options:
- Call Option (March 2025, Rs 85,000 strike) surged 32.36% to Rs 1,135, with 1,480 lots traded.
- Put Option (March 2025, Rs 84,000 strike) fell 28.84% to Rs 751.50, with 1,214 lots traded.
Silver Options:
- Call Option (April 2025, Rs 95,000 strike) increased 25.15% to Rs 3,496, with 570 lots traded.
- Put Option (April 2025, Rs 94,000 strike) dropped 19.12% to Rs 2,347.50, with 540 lots traded.
Market Overview
Gold and silver prices continued their upward momentum, while crude oil and natural gas declined. Base metals saw mixed trading, reflecting market volatility. The strong turnover in options trading suggests heightened activity among traders hedging their positions across commodities.
Disclaimer: DeshWale provides content for informational purposes only. The information shared should not be considered as professional advice. Readers are encouraged to seek guidance from a qualified expert or consultant before making any decisions.
