DAILY COMMODITY MARKET STRATEGY-3 Feb 2015

BULLION

Gold April and Silver March futures are trading on a flat note at $ 1,275.40 and $ 17.233, respectively.Platinum April future has gained 0.2 per cent at $ 1,232.05.

ENERGY

Crude Oil March future has advanced 0.7 per cent at $ 49.33.Brent Oil March future is marginally in green at $ 54.97.Natural Gas March future has jumped 1.3 per cent at $ 2.711.

The MCX Crude Oil February futures have rallied for the second straight day. On Monday, the energy futures jumped to a high of Rs 3,100, before signing off the day with a surge of almost 7 per cent (Rs 198) at Rs 3,053 following NYMEX Crude Oil prices.

BASE METAL

Copper March future has spurted around a per cent at $ 2.522.

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