|
MUMBAI: Commodity futures turned lower as the markets sensed negative factors building steadily. Crude oil prices turned lower on expectation that the US crude oil inventory data, to be release soon, would show further addition...
Nymex crude oil for December settlement was last quoted at $53.91 per barrel, down $0.48. Oil has lost 63% since hitting a record $147.27 in July. Earlier in the day, crude oil ftures fell to $54.30 per barrel - the lowest since January 29, 2007. Slowdown in the
Asian economies and US stockpiles are working concurrently to pull down prices.
All active MCX crude oil contract were quoted lower - MCX December contract was last quoted at Rs 2,767 per barrel, down 1.18%.
In London, gold was last offered at $736 per ounce, down $0.60. Silver was traded at $9.47 per ounce, down $0.16. Platinum was last offered at $835 per ounce, up $1.
MCX gold December contract, after starting the day at Rs 11,835 per 10 gram, was last quoted at Rs 11,872 per 10 gram, up 0.27%. Silver December contract was quoted at Rs 16,350 per kg, down 0.23%.
NCDEX sugar December contract, after tading between Rs 1,798 and Rs 1,773 per quintal, settled near its session low. CPO near-month settlement contract ended at Rs 242.50 per 10 kg, up 1%. NCDEX soybean December contract continued to remain depressed due to lack of buying interest. The contract closed at Rs 1,570 per quintal. NCDEX December turmeric contract turned soft today - snapping its three day rally. The contract ended the session at Rs 3,855 per quintal - off its intra-day high Rs 3,882. |
Published on 
Tags:
