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Tuesday, June 30, 2015

DAILY COMMODITY MARKET STRATEGY-1 July 2015

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BULLION

Gold August future has declined 0.4 percent in early deals at $ 1,174..Silver September contract is down 0.2 percent at $ 15.665.Platinum October delivery has gained 0.5 percent at $ 1,085.30.

ENERGY

Crude Oil August expiry has advanced nearly a percent at $ 58.76.Brent Oil August future has shed almost a percent at $ 63.Natural Gas August contract is marginally up at $ 2.831.

BASE METAL

Copper September contract is quoted at $ 2.618 - down 0.15 percent.

MCX Copper June expiry contract changed marginally for session ending 30 June 2015. Prices for August expiry moved below Rs 372 per kg and closed lower.Copper ended the day at Rs 371.90 on 30 June 2015 against 374.80 per kg on 29 June 2015.

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