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Wednesday, September 23, 2015

DAILY COMMODITY MARKET STRATEGY-24 Sep 2015

BULLION

Gold and Silver December futures have gained 0.2-0.3 percent at $ 1,134.30 and $ 14.815, respectively.Platinum October future has rallied 1.8 percent at $ 949.90.

ENERGY

Crude Oil November future has spurted nearly a percent at $ 44.86.Brent Oil November future has added 0.5 percent at $ 48.08.Natural Gas October future remains unchanged at $ 2.569.

BASE METAL

Copper December future has moved 0.4 percent higher at $ 2.304.On Thursday trading gains are expected to get resisted at Rs 342 and 344 per kg. Floor for Copper is at Rs 337 and Rs 335 per kg.

The high for Copper on Wednesday was at Rs 343.20 per kg, and a low of Rs 338.50 per kg was tested.

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