DAILY COMMODITY MARKET STRATEGy-20 Feb 2015

BULLION

Gold April future in early morning is marginally down at $ 1,206.80.Silver March future is up 0.2 per cent at $ 16.413.Platinum April future is now trading on a flat note at $ 1,170.25.

Gold prices gained during session ending Thursday.The prices ended the day at Rs 26266 per 10 grams against Rs 26137 per 10 grams.Gold prices tested a high of Rs 26,510 per 10 grams and a low of Rs 26266 per 10 grams.

ENERGY

Crude Oil and Brent Oil April futures have gained at 0.8 per cent each at $ 52.26 and at $ 60.53, respectively.Natural Gas March future has slipped 0.4 per cent at $ 2.810.

Crude Oil declined during the trading session on Thursday.The prices  settled at Rs 3,246 per barrel against Rs 3,313 per barrel a day before.Crude Oil tested a high of Rs 3,300 and a low of Rs 3,128 per barrel.

The Natural Gas MCX February futures consolidated in yesterday's trade, the energy gained to reach a high of Rs 179, but however wiped out gains and ended on a flat note at Rs 174.30 following international Natural Gas prices.

BASE METAL

Copper March future is almost unchanged at $ 2.616.

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