DAILY COMMODITY MARKET STRATEGY-13 Feb 2015

BULLION

Gold April and Platinum futures have added 0.5 per cent each at $ 1,226.70 and $ $ 1,205.10, reseptectively.Silver March future has spurted nearly a per cent at $ 16.936.

ENERGY

Crude Oil March future is up 0.4 per cent at $ 51.42.Brent Oil April future has gained 0.3 per cent at $ 59.52.Natural Gas March future has advanced 0.6 per cent at $ 2.732.

The Crude Oil MCX February futures bounced back into green after two day of significant fall. On Thursday, the energy futures gained to reach a high of Rs 3,198 per barrel and ended the session with a prominent gain of over 3(Rs 95) at Rs 3,170 per barrel on account of renewed buying in NYMEX Crude Oil prices.

The MCX Natural Gas February futures after facing strong resistance above the 20-DMA at Rs 180, however reversed its gains in yesterday's trade and ended with a significant loss of over 3 per cent at Rs 169 following NYMEX Natural Gas futures on bearish storage data.

BASE METAL

Copper March future has gained 0.3 per cent at $ 2.611.

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