GOLD FUTURES TRADED UP ON SPOT DEMAND

At the MCX, Gold futures for Jun 2019 contract was trading at Rs 31670.00 per 10 gms, up by 0.18 %, after opening at Rs 31621.00 per 10 gms , against a previous close of Rs. 31613.00 per 10 gms. It touched the intra-day low of Rs 31611.00 per 10 gms and high of Rs 31639.00 per 10 gms.

Gold Future Prices were trading with positive note on fresh buying by jewelers while Silver future Price was trading with negative note on today. Gold hitted a more than one-week peak on Monday as trade tensions between the United States and China lifted appetite for assets seen as a haven from risk, while weak U.S. economic data boosted hopes for a rate cut from the Federal Reserve.

Cardamom Jun Future was trading with positive note, gained by 4.00% in evening trading session.

MCXCOMDEX opened with flat note at 3676.29 and traded down by 0.11 per cent at 3672.63. Commodities like Cardamom, CPO, Natural Gas, Lead, Mentha oil, Gold were stood as top gainers, gained by 4.00%, 0.76%, 0.45%, 0.32%, 0.29%, 0.18% respectively. On the other hand, Nickel, Silver, Cotton, Crude oil, Copper, Zinc, Aluminium stood as only loser, lose by 1.43%, 0.29%, 0.27%, 0.24%, 0.23%, 0.19%, 0.07% respectively.

The BSE Sensex gained 66.44 points or 0.17% to 39749.73, and the NSE Nifty ended with a gain of 4.00 point or 0.03% to 11928.75.