DAILY COMMODITY MARKET STRATEGY-15 Dec 2014

BULLION

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.

ENERGY

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.

BASE METAL

Copper March future has gained 0.2 per cent at $ 2.935.

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