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Friday, October 16, 2015

DAILY COMMODITY MARKET STRATEGY-16 Oct 2015

Stock Tips
BULLION

Gold December future has shed around a percent in early morning deals at $ 1,179.Silver December contract has declined 0.5 per cent at $ 16.080.Platinum January 2016 delivery is quoted at $ 1,005.25, down 0.2 percent.

In the past five trading session, the commodity gained 3 percent (Rs 811) at Rs 27,257 from Rs 26,446.MCX Gold December futures are down 0.4 percent (Rs 113) at Rs 27,144.

ENERGY

Crude Oil November expiry has spurted almost a percent at $ 46.81.Brent Oil December delivery has moved down 0.4 percent at $ 50.05.Natural Gas November contract has gained 0.4 percent at $ 2.463.

BASE METAL

Copper December expiry has dropped nearly a per cent at $ 2.414.

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