GOLD PRICE ROSE ON STRENGTHENED DOLLAR

At the MCX, Gold futures for Dec contract was trading at Rs. 50526.00 Per 10 gms, up by 0.49%, after opening at Rs.50,465.00 Per 10 gms, against a previous close of Rs. 50282.00 Per 10 gms. It touched an intra-day low of Rs. 50353.00 Per 10 gms and high of Rs.50573.00 Per 10 gms in the future market.

Gold Prices rose in the afternoon session on Friday as the dollar strengthened and hopes of an immediate U.S. coronavirus aid package waned.

Crude palm oil futures dipped slightly to Rs 830.90 per 10 kg on October 30 as participants trimmed their position as seen by the open interest.

Zinc prices on Friday fell by 0.10 per cent to Rs 202.35 per kg in futures trade as speculators reduced their exposure taking negative cues from spot market.

Silver prices on Friday rose by 0.48% to Rs 60,462.00 per kg in futures trade as participants widened their bets on firm spot demand.

On Multi Commodity Exchange, Commodities like Crude Oil, Gold, GoldM, Silver, MCX Bulldex, Gold Guimnea, Aluminium, Natural Gas, Gold Petal futures were the gainers, gained by 0.70%, 0.49%, 0.49%, 0.48%, 0.43%, 0.32%, 0.30%, 0.24%, 0.22% respectively. While Commodities like Nickel, Mentha Oil, Cotton, MCX MEtldex, Zinc, Lead, CPO, Copper futures were the losers with a loss of 1.35%, 0.78%, 0.56%, 0.13%, 0.10%, 0.07%, 0.04%, 0.02% respectively.