This week in the market Silver and Crude Oil futures contracts closed with gains, while Gold contract closed with the loss, as follows
GOLD 10 g” (99.9 Pure)
- In the commodity market last week Gold October futures contract closed at ₹30,582 with the aggregate gain of ₹146
- This week Gold futures contract opens at ₹30,613 on Monday i.e., 24th Sept. 2018
- Highest gain ₹260 on 24th Sept. 2018 and highest loss ₹269 on 27th Sept. 2018
- Last day of the market i.e., Friday Gold closed at ₹30,481 with the aggregate loss of ₹101
SILVER (1 KG)
- In the commodity market last week Silver December futures contract closed at 37,590 with the gain of ₹597
- This week Silver futures contract opens at 37,489 on Monday i.e., 24th Sept. 2018
- Highest gain ₹978 on 28th Sept. 2018 and highest loss ₹376 on 26th Sept. 2018
- Last day of the market i.e. Friday Silver closed at ₹38,577 with the aggregate gain of ₹987
CRUDE OIL (1 BBL)
Internationally Crude Oil per barrel cost hiked due to rejection of increase in production of Crude oil by OPEC and Russia because of expectations of restrictions on Iran and Venezuela by America. In the global front, Brent crude oil reached above $80 for the first time in 4 years traded above $81 per barrel on Wednesday, while trade spat between the US and CHINA showed no signs of easing.
- In the commodity market last week Crude Oil October futures contract closed at ₹5,146 with the aggregate gain of ₹189
- This week Crude Oil October futures contract opens at ₹5,150 on Monday i.e., 24th Sept. 2018
- Highest gain ₹127 on 24st Sept. 2018 and highest loss ₹59 on 26th Sept. 2018
- Last days of the market i.e., Friday Crude Oil closed at ₹5,335 with the aggregate gain of ₹189
