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Commodity Watch

23 Nov | 02:21AM
FUTURES PRICE

(Near month contract prices)
Gold, silver prices drop on low demand

Gold, silver prices drop on low demand

Gold prices on Friday tumbled Rs 102 to Rs 38,856 per 10 gram.

Precious Metals: Gold, silver advance in futures trade amid strong demand

Precious Metals: Gold, silver advance in futures trade amid strong demand

Globally, gold prices rose 0.18 per cent at $1,466.20 an ounce in New York.

Base Metals: Nickel, copper, zinc drift lower in futures trade amid weak demand

Base Metals: Nickel, copper, zinc drift lower in futures trade amid weak demand

​ Lead prices on Friday rose 60 paise to Rs 154.10 per kg in futures trade.

Crude oil futures fall on weak global cues

Crude oil futures fall on weak global cues

Analysts said the fall in oil prices was mostly in tune with a weak trend in global markets.

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Calendar Spread

(Far - Near month contract)
Commodities
SPREAD (Rs)
CHART (Day)
Calendar Spread
(Far - Near month contract)
Calendar Spread means entering a long and short position on the same underlying asset futures but with different delivery months. The strategy to play with calendar spread is to understand how much premium/discount two different contracts are trading at.
Disclaimer:These Strategies are not ET recommended its a market overview.
(Near Month Futures - Spot Price)
COMMODITIES
FUTURES (Rs)
SPOT (Rs)
PREM/DISC
Calender Spread
Premium = Futures Price > Spot Price
Discount = Futures Price < Spot Price
Its relevance in derivatives market is to understand the trend whether it’s bullish or bearish. Moreover it helps arbitrageurs and hedgers to decide on cost of carry.
1043.0
989.5
53.50
36000.0
34535.0
1465.00
190.5
184.3
6.20
19090.0
18580.0
510.00
3885.0
3829.0
56.00
664.2
662.0
2.20
30724.0
30648.0
76.00
Disclaimer:These Strategies are not ET recommended its a market overview.

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