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Tuesday, September 1, 2015

DAILY COMMODITY MARKET STRATEGY-2 Sep 2015

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BULLION

Silver December future has declined 0.4 percent in early trade at $ 14.560.Gold December contract is down 0.2 percent at $ 1,138.10.Platinum October delivery has added 0.2 percent at $ 1,006.55.

MCX Gold October futures today may face resistance around Rs 26,934-26,965-26,996, while seek support around Rs 26,735-26,700-26,670.

ENERGY

Crude Oil October expiry has slipped 2.4 percent to $ 44.31.Brent Oil October future has tumbled over a percent at $ 48.66.Natural Gas October contract has shed over 0.6 percent at $ 2.671.

BASE METAL

Copper December future has gained 0.3 percent at $ 2.301.

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