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What is a commodity market?

A commodity market facilitates trading in various commodities. It may be a spot or a derivatives market. In spot market, commodities are bought and sold for immediate delivery, whereas in derivatives market, various financial instruments based on commodities are traded.

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Commodity Prices (MCX)

Commodity Rs (%Chg) Unit
Gold - 5 Feb 26998.00 0.68 10 grams
Silver - 5 Mar 36940.00 1.05 kg
Crudeoil - 16 Jan 3616.00 1.37 barrel
Naturalgas - 26 Dec 221.40 3.99 mmbtu
Aluminium - 31 Dec 119.80 0.46 kg
Copper - 27 Feb 409.10 1.78 kg
Nickel - 31 Dec 990.80 0.99 kg
Lead - 31 Dec 119.25 2.40 kg
Zinc - 31 Dec 137.75 2.99 kg

International Prices

Commodity USD Chg (%Chg)
Gold 1195.18 -0.17 0.01
Silver 16.05 0.02 0.12
Brent Crude 62.15 2.88 4.86
Nymex Crude 57.77 3.41 6.27
Lme Aluminium 2047.25 -2.25 0.11
Lme Copper 8068.00 -20.00 0.25
Lme Lead 2301.75 -5.75 0.25
Lme Zinc 2034.75 -2.75 0.13

Gold Weight Conversion Table

To convert from To Multiply by
Troy ounces Grams 31.1035
Million ounces Tonnes 31.1035
Grams Troy ounces 0.0321507
Kilograms Troy ounces 32.1507
Tonnes Troy ounces 32,150.70
Kilograms Tolas 85.755
Kilograms Taels 26.7172
Kilograms Bahts 68.41
Troy ounces Grains 480
Troy ounces Avoirdupois ounces 1.09714
Troy ounces Penny weights 20
Avoirdupois ounces Troy ounces 0.911458
Short tonne Metric tonne 0.9072

Commodity Price Calculator

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