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Record delivery in MCX bullion futures

Our Bureau

Mumbai , Dec. 23

MULTI-COMMODITY Exchange's (MCX) December bullion contracts reported all-time high physical deliveries of 152 kg of gold worth Rs 10 crore and 12.7 tonnes of silver valued at Rs 13.7 crore.

When the MCX gold contract entered into settlement period, the open interest in gold was 670 kg after declining from over 4,000 kg few days ago. The total volume in MCX gold December futures contract was 2,30,233 kg valued at around Rs 14,577 crores, the release said.

Similarly, open interest in silver was 1,67,400 kg after declining from over 1,60,000 kg a few days back. However, the actual delivery in silver was 12,698 kg and the balance was squared up. The total volume in MCX silver December futures contract was 22,950 tonnes valuing around Rs 25,024 crores.

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