DAILY COMMODITY MARKET STRATEGY-4 Dec 2014
BULLION
Gold February 2015 future is marginally down at $ 1,207.50.Silver March delivery is up 0.15 per cent at 16.432.Platinum January contract is almost unchanged at $ 1,226.25.
ENERGY
Crude Oil and Brent Oil January futures have advanced 0.5 per cent each at $ 67.67 and $ 70.33, respectively.Natural Gas January future is marginally in green at $ 3.793.The MCX Crude Oil December futures have ended lower for the second straight. On Wednesday, the energy tested a high of Rs 4,235, but however shaved-off gains and ended with a notable loss of 0.5 per cent to Rs 4,187 on account of fresh selling.
BASE METAL
Copper March contract has rallied almost a per cent to $ 2.896.Copper again showed weakness in moving forward and the prices declined by 0.53% in the trading session ending 3 December 2014. The prices tested a high of Rs 400.8 and a low of Rs 397.3 per kg.
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