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Sunday, March 1, 2015

DAILY COMMODITY MARKET STRATEGY-2 Mar 2015

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BULLION

Gold April delivery has spurted nearly a per cent at $ 1,222.50.Silver May contract has jumped 1.3 per cent to $ 16.767.Platinum April future is only up 0.2 per cent at $ 1,191.25

ENERGY

Crude Oil April expiry has shed around a per cent $ 49.38.Brent Oil April delivery is slightly up at $ 62.39.Natural Gas April contract has declined over 0.5 per cent at $ 2.697.

The Crude Oil MCX March futures bounced back into green after two day of significant fall. On Saturday 28 February, the energy futures ended near the highest level of the day with a gain of a per cent (Rs 30) at Rs 3,064 on account of renewed buying in NYMEX Crude Oil prices.

BASE METAL

Copper May future has gained 0.3 per cent at $ 2.695.

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