DAILY COMMODITY MARKET STRATEGY-13 Jan 2015

BULLION

Gold February future has added 0.5 per cent at $ 1,239.00.Silver March future has jumped 1.7 per cent at $ 16.853.Platinum April future has added 0.2 per cent at $ 1,245.70.

The MCX Gold February future extended its previous gains and opened on a positive note for the second consecutive trading session.The Indian Gold opened with a surge of Rs 115 at Rs 27,145 - which is also recorded as a highest point.

ENERGY

Crude Oil February future has tumbled 1.6 per cent at $ 45.33.Brent Oil March future has dropped over a per cent at $ 48.00.Natural Gas February future is trading on a flat note at $ 2.809.

The MCX Crude Oil January futures exhibited a gloomy trade for the third straight day, owing to continue slide in NYMEX Crude Oil prices.

The MCX January Natural Gas futures started the week on a dull note - with a significant loss of 5 per cent at Rs 174 due to big fall in NYMEX Natural Gas market on mild weather outlook.

BASE METAL

Copper March future is marginally in negative at $ 2.719.

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