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Thursday, August 27, 2015

DAILY COMMODITY MARKET STRATEGY-28 Aug 2015

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BULLION

Gold December and Platinum October delivery have advanced over 0.5 percent each at $ 1,129.30 and $ 1,009.20, respectively.Silver September future has added 0.2 percent at $ 14.445.

Gold price tested a high of Rs 26,449 per 10 grams on 27 August 2015 and a low of Rs 26,169 per 10 grams.

ENERGY

Crude Oil October contract has spurted almost a percent at $ 42.98.Brent Oil October expiry is marginally up at $ 47.74.Natural Gas October future is almost unchanged at $ 2.676.

On Thursday, Crude Oil tested a high of Rs 2,817 and a low of Rs 2,624 per barrel.

BASE METAL

Copper September delivery has gained 0.3 percent at $ 2.330.The high for Copper on Thursday was at Rs 341.45 per kg, and a low of Rs 330.70 per kg was tested.

Copper ended the day at Rs 339.85 on 27 August 2015 against 329.1 per kg on 26 Aug 2015.

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