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Thursday, December 11, 2014

DAILY COMMODITY MARKET STRATEGY-12 Dec 2014

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BULLION

Gold February and Silver March futures are trading marginally up at $ 1,226.30 and $ 17.115, respectively.Platinum January future has added 0.2 per cent  at $ 1,240.00.

ENERGY

Crude Oil January future has dropped 1.3 per cent at $ 59.16.Brent Oil January future is trading flat at $ 63.28.Natural Gas January future is up 0.2 per cent at $ 3.657.The MCX Crude Oil December futures paused to take a breather on Thursday, after significant decline in the last in the last many trading session.The precious white metal tested a low of Rs 3,816, but however recovered losses and ended on a flat note at Rs 3,816 owing to sharp fall in the domestic currency.

BASE METAL

Copper March future has gained 0.5 per cent at $ 2.925.

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