DAILY COMMODITY MARKET STRATEGY-25 Feb 2015 ~ commodity expert

BULLION

Gold and Platinum April futures have jumped over a per cent at $ 1,249.40 and at $ 1,175.45.Silver March future has jumped 2.7 per cent at $ 16.953.

ENERGY

Crude Oil and Natural Gas March futures are trading on a soft note at $ 52.05 and $ 2.892.Brent Oil April future is up 0.7 per cent at $ 58.87.

The Crude Oil prices are slightly below the 20-DMA at Rs 3,143-odd level. Hence, the commodity is likely to trade with a negative bias as long as prices remain below Rs 3,143-odd level.

BASE METAL

Copper March future has dropped over 0.5 per cent at $ 2.568.

MCX Copper February expiry contract which is due to expire this week ended in green for the session ending Tuesday.The metal surpassed the psychological resistance of Rs 360 per kg.

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