DAILY COMMODITY MARKET STRATEGY-8 Dec 2014

BULLION

Gold February 2015 future is up 0.2 per cent at $ 1,192.70. Silver March delivery has declined 0.3 per cent at $ 16.203. Platinum January contract is marginally up at $ 1,225.40.

ENERGY

Crude Oil January expiry has tumbled over a per cent at 65.11. Brent Oil and Natural Gas January contracts have dropped over 0.5 per cent each at $ 68.25 and $ 3.762, respectively.The MCX Crude Oil December futures have been trading lower for the fourth straight day. On Friday, the energy futures tested a low of Rs 4,057, before settling with a loss of 0.4 per cent at Rs 4,120 following international Crude Oil futures.

BASE METAL

Copper March future has gained 0.3 per cent at $ 2.914.

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