At the MCX, Crude oil futures for Oct contract was trading at Rs. 2973.00 per barrel, up by 1.95%, after opening at Rs.2932.00 per barrel, against a previous close of Rs. 2916.00 per barrel. It touched an intra-day low of Rs. 2925.00 per barrel and high of Rs.2986.00 per barrel in the future market.
Crude oil prices rose on Thursday as oil workers evacuated rigs in the U.S. Gulf of Mexico ahead of Hurricane Delta, though fuel demand concerns persisted on fading chances for an economic stimulus deal in the United States, the world's biggest oil consumer.
Gold prices on Thursday rose by Rs 0.21% Rs 50,155.00 per 10 gram in futures trade as speculators created fresh positions on firm spot demand.
Silver prices on Thursday rose by 0.67%to Rs 60,919 per kg in futures trade as participants widened their bets on firm spot demand.
On Multi Commodity Exchange, Commodities like Crude Oil, Nickel, CPO, Silver, Cotton ,Aluminium, MCX Bulldex, Lead, Zinc, Gold, Gold Petal GoldM, Gold Guinea futures were the gainers, gained by 1.95%, 1.14%, 0.67%, 0.67%, 0.60%,0.58%, 0.35%, 0.34%, 0.34%, 0.21%, 0.20%, 0.19%,0.10% respectively. While Commodities like Natural Gas, Copper, Mentha Oil futures were the losers with a loss of 0.79%, 0.57%, 0.42% respectively.