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Gold Futures Fall as Silver and Crude Oil Prices Rise

Gold Futures Fall as Silver and Crude Oil Prices Rise
Gold futures decline on low demand · thehansindia.com

Gold futures became slightly cheaper because fewer people wanted to buy gold in the spot market.

October gold contracts fell to Rs 1,54,252 per 10 grams.

Gold prices also slipped in the overseas market.

Silver futures became more expensive in the domestic market because traders opened fresh positions.

However, silver prices fell in the overseas market.

Crude oil futures rose as global market trends were positive.

Brent crude reached $91.75 per barrel, while West Texas Intermediate reached $87.14.

These figures show that different commodities moved in different directions.

Key facts

Gold futures
October delivery fell Rs 208, or 0.13%, to Rs 1,54,252 per 10 grams.
Gold turnover
The October gold contract recorded business turnover of 2,452 lots.
Silver futures
December delivery rose 0.19% to Rs 2.40 lakh per kg across 2,655 lots.
Global silver
Silver futures declined 0.17% to $66.46 per ounce overseas.
Crude oil futures
September delivery rose Rs 106, or 1.3%, to Rs 8,255 per barrel.
Brent crude
Brent crude rose 1.39% to $91.75 per barrel.
West Texas Intermediate
West Texas Intermediate gained 1.61% to $87.14 per barrel.

Sources

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