DAILY COMMODITY MARKET STRATEGY-5 Dec 2014

BULLION

Gold February and Platinum January futures have shed 0.3 per cent each at $ 1,203.70 and $ 1,233.30, respectively.Silver March future has slipped over a per cent at $ 16.408.

ENERGY

Crude Oil and Brent Oil January futures have declined by 0.4 per cent each at $ 66.53 and $ 69.23, respectively.Natural Gas January future has advanced 0.7 per cent at $ 3.678.

The MCX December Natural Gas futures have slumped for the sixth straight day. On Thursday, the energy futures tumbled over 3.5 per cent to Rs 227 following global Natural Gas futures due to mild weather forecasts.

BASE METAL

Copper March future is trading on a flat note at $ 2.912.The MCX Crude Oil December futures are hovering around the lower-end of the Bollinger Band on the daily charts for many trading sessions.

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