For better user experience update your browser to Internet Explorer (versions 9.0 and above) or use latest versions of Google Chrome, Mozilla Firefox and Safari.
Commodities
Bid-Ask Spread
As on 06:53 PM | 31 Aug 2024
It is the difference between buy/bid price (which a buyer is ready to pay) and ask/sell price (which a seller is ready to sell on) of any commodity particular future contract. A trade is exercised for a buyer on ask price and for seller on bid price which are logged in trading terminal. Bid-Ask spread denote what’s supply-demand state in that commodity. Spreads in different commodities is affected by liquidity in that contract of commodity. When there is less difference or spread, that means buyers and sellers are in tandem of market movement but when spread is unusually gapped that means one party has more dominance in market. If spread is positive that means sellers or sellers have upper hand and when negative that means buyer or buyers are playing important function in market. It helps in deciding trader’s investment strategy. Click on the commodity name to view commodity F& O and spot details.
For Technical Charts: Click Here
Please Note: The Intraday price data is real-time but doesn't capture all the market ticks