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Tuesday, December 9, 2014

DAILY COMMODITY MARKET STRATEGY-10 Dec 2014

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BULLION

Gold February future has declined by 0.2 per cent at $ 1,229.70.Silver March future has shed 0.3 per cent at $ 17.83.Platinum January future remains unchanged at $ 1,247.10.

ENERGY

Crude Oil January future has tumbled 1.3 per cent at $ 62.95.The MCX December Crude Oil futures ended in green for the first time in last five trading sessions on account of bargain-hunting.Yesterday, the energy futures tested a high of Rs 3,987, before settling with a gain of 0.3 per cent at Rs 3,943.Brent Oil January future has dropped 1.2 per cent at $ 65.93.Natural Gas January future remains unchanged at $ 3.644.

BASE METAL

Copper March future has moved down 0.4 per cent at $ 2.911.

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