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Tuesday, March 3, 2015

DAILY COMMODITY MARKET STRATEGY-4 Mar 2015

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BULLION

Gold April future is up 0.2 per cent at $ 1,206.60.Silver May and Platinum April futures are trading on a flat note at $ 16.305 and at $ 1,186.65.

ENERGY

Crude Oil April future is up 0.2 per cent at $ 50.61.Brent Oil April future is down 0.6 per cent at $ 60.73.Natural Gas April future has gained 0.6 per cent at $ 2.725.

The MCX Crude Oil March futures are hovering between the 20-50-DMAs on the daily charts for the past two trading sessions.Yesterday, the energy futures tested a low of Rs 3,083, before settling with a loss of 0.3 per cent (Rs 11) at Rs 3,138 after two day rally.

BASE METAL

Copper May future is up 0.2 per cent at $ 2.660.

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