MOST OF THE COMMODITIES WERE TRADED WITH NEGATIVE NOTE

At the MCX, Crude oil futures for Sep contract was trading at Rs. 2954.00 per barrel, down by 1.30%, after opening at Rs.3022.00 per barrel, against a previous close of Rs. 2993.00 per barrel. It touched an intra-day low of Rs. 2931.00 per barrel and high of Rs.3029.00 per barrel in the future market.

Crude Oil prices fell on Monday on the potential return of oil output from Libya even as rising coronavirus cases add to worries about global demand, although losses were limited as a new tropical storm heads for the U.S. Gulf of Mexico.

Gold prices traded lower on Monday, despite softer dollar as investors focused on speeches by Federal Reserve policymakers due this week on the US central bank's approach to inflation and stimulus measures.

Silver futures on Monday dropped by 2.02% to Rs 66507.00 per kg as participants reduced their bets on low demand.

Zinc prices on Monday fell by 1.42% to Rs 195.05 per kg in futures trade as speculators reduced their exposure taking negative cues from spot market.

On Multi Commodity Exchange, Commodities like Copper futures was the gainer, gained by 0.28% .While Commodities like Natural Gas, Silver,Zinc, MCX Bulldex, Crude Oil,Gold, Nickel, GoldM, Lead, Gold Guinea, CPO, Mentha Oil, Gold Petal, Copper, Aluminium were the losers with a loss of 2.99%, 2.02%, 1.42% ,1.32% ,1.30%, 1.13%, 1.07%, 1.05%, 0.91%, 0.89%, 0.80%, 0.77%, 0.74%, 0.68%, 0.21% respectively.