Mumbai, Maharashtra, Dec 24, MCX GOLD futures gains by 0.03%, while SILVER futures drops by 0.15%: CRUDEOIL futures gains by 1.17%.
According to MCX DAILY MARKET REPORT India’s leading commodity derivatives exchange, Multi Commodity Exchange (MCX) has recorded turnover of Rs.57976.56 crores in various futures & option contracts for commodities listed at MCX on 24 December 2024 till 5:00 pm. In which commodity futures accounted for Rs. 8152.89 crores and options on commodity futures for Rs. 49816.98 crores (notional). Bullion Index MCXBULLDEX Jan-25 futures was reached at 18563 point.
Commodity Future Contracts:
Bullion: In precious metals, Turnover of Gold and Silver variants clocked Rs. 3737.69 crores. GOLD Feb-25 contract was up by 0.03% to Rs. 76165 per 10 gram, GOLDGUINEA Dec-24 contract was down by 0.08% to Rs. 60974 per 8 gram and GOLDPETAL Dec-24 contract was down by 0.01% to Rs. 7590 per gram. On other hand, GOLDM Jan-25 contract was down by 0.01% to Rs. 75501 per 10 gram.
SILVER Mar-25 contract was down by 0.15% to Rs. 88987 per kg, while SILVERM Feb-25 contract was down by 0.16% to Rs. 89030 per kg and SILVERMIC Feb-25 contract was down by 0.16% to Rs. 89037 per kg.
Gold futures clocked turnover of Rs. 1403.83 crores with volume of 1840 lots and OI of 14622 lots while Silver futures clocked turnover of Rs. 891.66 crores with volume of 3325 lots and OI of 34765 lots.
Base Metal: Turnover of base metal products accounted for Rs. 1876.43 crores. COPPER Dec-24 contract was up by 1.26% to Rs. 802.45 per kg and ZINC Dec-24 contract was up by 1.48% to Rs. 281.15 per kg while ALUMINIUM Dec-24 contract was up by 2.75% to Rs. 252.15 per kg and LEAD Dec-24 contract was down by 0.03% to Rs. 175.7 per kg.
Copper futures clocked turnover of Rs. 1056.12 crores, Aluminium futures Rs. 223.66 crores, Lead futures Rs. 39.41 crores, and Zinc futures clocked turnover of Rs. 411.47 crores.
Energy: Turnover of energy products contributed for Rs. 2535.80 crores. CRUDEOIL Jan-25 contract was up by 1.17% to Rs. 5970 per BBL while NATURALGAS Dec-24 contract was up by 3.11% to Rs. 321.7 per MMBTU.
Crude Oil futures clocked turnover of Rs. 342.95 crores and Natural Gas futures Rs. 1860.73 crores.
AGRI: MENTHAOIL Dec-24 contract was down by 0.13% to Rs. 917 per kg and COTTONCNDY Jan-25 contract was up by 0.04% to Rs. 54400 per candy.
Options on Commodity Future Contracts:
Commodity Options accounted for Rs. 49816.98 crores turnover (notional), having premium turnover of Rs. 762.55 crores.
Crude Oil Options: Most traded contracts among Crude Oil Options were Call Option Jan-25 contract at Strike price of Rs.6000 was up by 21.25% to Rs. 147.80 with volume of 40103 lots & OI of 17647 lots, while Crude Oil Put Option Jan-25 contract at Strike price of Rs.5900 was down by 18.68% to Rs. 136.7 with volume of 40934 lots & OI of 14566 lots.
Natural Gas Options: Most traded contracts among Natural Gas Options were Call Option Jan-25 contract at Strike price of Rs.320 was up by 28.43% to Rs. 19.20 with volume of 8870 lots & OI of 2673 lots, while Natural Gas Put Option Jan-25 contract at Strike price of Rs.290 was down by 16.47% to Rs. 24.6 with volume of 5982 lots & OI of 1978 lots.
Gold Options: Most traded contracts among Gold Options were Call Option Dec-24 contract at Strike price of Rs.77000 was down by 19.84% to Rs. 196.00 with volume of 2084 lots & OI of 1318 lots, while Gold Put Option Dec-24 contract at Strike price of Rs.75000 was down by 31.79% to Rs. 103 with volume of 1650 lots & OI of 1864 lots.
Silver Options: Most traded contracts among Silver Options were Call Option Feb-25 contract at Strike price of Rs.89000 was down by 1.31% to Rs. 3325.50 with volume of 253 lots & OI of 242 lots, while Silver Put Option Feb-25 contract at Strike price of Rs.89000 was up by 0.63% to Rs. 3290 with volume of 211 lots & OI of 204 lots.