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Sunday, September 6, 2015

DAILY COMMODITY MARKET STRATEGY-7 Sep 2015

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BULLION

Silver December future has gained 0.4 percent at $ 14.600.Platinum October contract has added 0.2 percent at $ 993.45.Gold December delivery is marginally up at $ 1,122.30.

Gold prices were seen at Rs 26,532 on 4 September 2015 against Rs 26,494 per 10 grams on 3 September 2015.Resistance for Gold October is towards Rs 26,700 and Rs 26750. Supports in Gold towards Rs 26,400 are active.

ENERGY

Crude Oil October expiry has declined over 0.5 per cent at $ 45.77.Brent Oil October future is almost unchanged at $ 49.30.Natural Gas October delivery is quoted at $ 2.667 - up 0.3 percent.

BASE METAL

Copper December contract spurted more than half a percent at $ 2.327.Copper November is at Rs 345 and Rs 342 per kg. The high for Copper on Friday was at Rs 353.40 per kg, and a low of Rs 345.80 per kg was tested.

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1 comments:

  1. Commodity market news given here are superb, Epic Research has a big team for market prediction who recommends supportive trading tips.

    ReplyDelete

 
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