DAILY COMMODITY MARKET STRATEGY-15 Dec 2014
Gold February future has shed 0.4 per cent at $ 1,217.40.Silver March future has tumbled over a per cent at $ 16.873.Platinum January future has declined by 0.3 per cent at $ 1,226.20.
Crude Oil February future has advanced 0.6 per cent at $ 58.45.Brent Oil February future has jumped 1.6 per cent at $ 62.76.Natural Gas January future spurted over 3 per cent at $ 3.889.
The MCX Crude Oil December futures are hovering around the key support the lower-end of the Bollinger Band on the daily charts for many trading sessions.On Friday, the Crude Oil futures tested a low of Rs 3,610, before settling with a significant loss of 4.7 per cent (Rs 178) to Rs 3,638 owing to big fall in international Crude Oil market.
Copper March future has gained 0.2 per cent at $ 2.935.
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