DAILY COMMODITY MARKET STRATEGY-16 Apr 2015

BULLION

Gold June future has gained 0.3 per cent at $ 1,204.70.Silver May delivery has advanced over 0.5 per cent at $ 16.388.Platinum July contract has added 0.3 per cent at $ 1,164.95.

ENERGY

Crude Oil May future has declined over 0.5 per cent at $ 56.05.Brent Oil June delivery is marginally down at $ 62.78.Natural Gas May future is slightly up at $ 2.601.

Crude Oil futures gained to reach a high at Rs 3,505, before signing off the day with a huge gain of more than 4.5 per cent (Rs 154) at Rs 3,496 owing to sharp rally in NYMEX Crude Oil futures after China Q1 data flurry.

BASE METAL

Copper May future has moved up 0.3 per cent at $ 2.732.

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